02.12.2009 20:52
YEREVAN, December 2. /ARKA/. Armenia’s foreign debt-to-GDP ratio will be about 41% in 2010, Gagik Minasyan, the chairman of National Assembly’s committee on finance and budget, said at a press conference on Wednesday.
“This indicator is within boundaries of a medium debt,” he said. “All those countries enjoying a reputation for being reliable borrowers and attracting funds from world financial organizations thanks to their macroeconomic indicators are in similar situation now.”
Earlier, Minasyan said that Armenia’s foreign debt would amount to $3.5 billion in 2010 against $3 billion (30%) in 2009.
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