Vice-premier does not rule out increase in Armenia’s foreign debt amid world recession

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12.06.2020 12:19

YEREVAN, June 12. /ARKA/. Armenia’s foreign debt may increase amid the global recession, Vice-Premier Mher Grigoryan told reporters on Thursday in the National Assembly. "It is possible that external debt will increase. I consider this a normal process, as there is a recession throughout the world," he said.

Grigoryan said all countries of the world will feel the economic impact of the pandemic and face recession in 2020.

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Pashinyan: thanks to third issue of Eurobonds, government will save $10 million a year on servicing its foreign debt

25.01.2020 15:51

Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt

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Armenia's foreign debt dropped by $120 million months over past 15 months

17.09.2019 17:15

Armenia’s foreign debt dropped by $120 million over the past 15 months, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday

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Armenia's foreign debt shrinks for first time in 4.5 years

05.08.2019 18:28

Armenia’s foreign has shrank over the last 15 months for the first time since 2015, the Armenian government reports on its Facebook page

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Armenia’s foreign debt reduced by $33.6 million in March

12.04.2019 09:20

YEREVAN, April 11. /ARKA/. Armenia’s foreign debt amounted to $4 943.6 million in late March 2019 after shrinking 0.67% or by $33.6 million over one month, the country’s finance ministry reports. According to the ministry’s report, the government’s domestic debt has grown 2% or by 29.5 million to $1 445.9 million. The central bank’s debt […]

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

29.05.2018 20:52

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

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Finance minister: Armenia’s foreign debt amounts to $5.4 billion now

26.09.2017 14:29

Armenia’s foreign debt amounts to $5.4 billion now, Vardan Aramyan, the country’s finance minister, said Monday at a news conference

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Armenian finance minister expects no additional pressure on national currency from foreign debt repayment

10.02.2017 12:33

Vardan Aramyan, Armenian finance minister, thinks the increase in the foreign debt servicing burden is unlikely to put additional pressure on the Armenian dram

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Armenian premier not afraid even of 80% foreign debt

21.10.2016 14:27

Karen Karapetyan, Armenian prime minister, speaking Thursday at the National Assembly’s extraordinary session, said that he found important the structure of the country’s foreign debt

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1Q foreign debt of Armenian banks and credit organizations hit $1.03bln

25.06.2013 14:27

The foreign debt of Armenia’s commercial banks and credit organizations decreased by 12.8% to $1.03 billion in the first quarter 2013 against $1.17 billion a quarter earlier, the Central Bank said in its 1Q summary report

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Tags: COMMERCIAL BANKS, CREDIT ORGANIZATIONS, FOREIGN DEBT