Expert says Armenia’s public debt is out of debt danger zone
16.07.2015 17:05
YEREVAN, July 16. / ARKA /. An Armenian economist has brushed away today allegations that Armenia lies in a debt danger zone, where an economic downturn or a sudden jump in interest rates on world debt markets could lead to disaster.
Speaking to a news conference, Professor Ashot Tavadyan said Armenia is out of the debt danger zone
and its public debt is manageable. According to an IMF forecast, at the end of 2015 the ratio of Armenia’s public debt to GDP will make 53.1%.
Tavadyan recalled that under the law, Armenia's state debt should not exceed 60% of GDP. In terms of money it is about $6 billion. ‘This means that the government may continue to borrow,’ Tavadyan said.
Views: 0
Categories: Economy @en, General news, News |
Comments Off on Expert says Armenia’s public debt is out of debt danger zone
Tags: Armenia, EXPERT, IMF
Read more 
Bank consolidation in Armenia not to minimize risks – expert
29.01.2015 14:48
Amalgamation of Armenia’s banks will not lead to a risk minimization, expert of the International Center for Human Development Ashot Khurshudyan said
Views: 0
Categories: Banks @en, General news, News, News of the hour |
Comments Off on Bank consolidation in Armenia not to minimize risks – expert
Tags: Armenia, bank @en, EXPERT
Read more
Armenia lacks long-term socioeconomic development model, Expert says
25.04.2013 17:51
Armenia should elaborate a long-term social and economic development model, head of the economy and business institute of Russian-Armenia (Slavonic) University, former minister of finance and economy Edward Sandoyan said
Views: 0
Categories: Economy @en, General news, News |
Comments Off on Armenia lacks long-term socioeconomic development model, Expert says
Tags: Armenia, economу, EXPERT
Read more
Strong USD not to be disastrous for Armenia’s economy : Expert
28.03.2013 15:39
Strong USD will not be disastrous for Armenia’s economy, but will negatively affect it, economic expert Vardan Bostanjyan implies
Views: 0
Categories: Economy @en, General news, News, News of the hour |
Comments Off on Strong USD not to be disastrous for Armenia’s economy : Expert
Tags: Armenia, Economy @en, EXPERT
Read more
Cash outflow from Armenia dwindles by 20% in 1st q 2012
30.05.2012 18:47
Cash outflow from Armenia dwindled by 20% in the first quarter of this year
Views: 0
Categories: Economy @en, General news, News |
Comments Off on Cash outflow from Armenia dwindles by 20% in 1st q 2012
Tags: cash, EXPERT, outflow
Read more
Armenian expert surprised negative estimate of Armenian economy
18.07.2011 16:38
Armenian expert surprised negative estimate of Armenian economy.
Views: 0
Categories: Economy @en, General news, News |
Comments Off on Armenian expert surprised negative estimate of Armenian economy
Tags: Armenia, Economy @en, EXPERT
Read more
