Armenia’s foreign debt grows to about $3.8 billion
04.12.2012 15:41
YEREVAN, December 4. / ARKA /. Armenia’s state foreign debt increased by 4.8 percent ($172.6 million) from the beginning of the year to more than $ 3.740.8 billion as of late September, according to numbers released today by National Statistical Service (ArmStat).
It said 84 percent of that amount or $3.146.1 billion were owed by the government. The government debt was said to have increased in the first nine months by 6.6 percent. The Central Bank accounted for 15.9% or $ 594.7 million of the debt, down 3.7% from December 30, 2011. Some 70.3% of foreign debt or $2.630.8 billion were owed to international financial institutions (up 6.3% when compared to December 30, 2011).
Specifically, the debt to World Bank amounted to $1.457.3 billion, or 39.1% of the total external debt (up 9%). The debt to the IMF amounted to $ 789.6 million (or 21.1% of the total debt), by 4.6 percent down from the beginning of the year.
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Former chairman of Armenian central bank voices concern over growing foreign debt
14.07.2011 22:30
Former chairman of Armenian central bank voices concern over growing foreign debt
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Finance minister downplays speculations that foreign debt may reach 50% of its GDP
29.12.2009 21:09
Finance minister downplays speculations that foreign debt may reach 50% of its GDP
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Armenia’s foreign debt grows by 77.5% to $2.720.9 billion
03.12.2009 21:14
Armenia’s foreign debt grows by 77.5% to $2.720.9 billion
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