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  • Archive for May 29th, 2018

    In 2020 Armenia will need $973.5 million to service its foreign debt

    Tuesday, May 29th, 2018

    The amount of money that the government of Armenia earmarks annually to service its foreign debt is gradually increasing, and by 2020 it will reach the maximum of $973.5 million, the deputy head of the Audit Chamber Ara Nranyan told the parliament today

    Armenia’s state debt stood at $6.7 billion in late 2017

    Tuesday, May 29th, 2018

    Armenia’s state debt amounted to $6.7 billion in late December 2017, Minister of Finance Atom Janjughazyan said today during a parliamentary hearing on the implementation of the government’s budget in 2017

    Around $71 million bought by Armenian banks last week

    Tuesday, May 29th, 2018

    Armenia’s commercial banks bought around $71 million from the local foreign currency market on May 21 to 25 at the average weighted exchange rate of 482 drams per one USD, the Central Bank of Armenia reported on Monday