YEREVAN, June 25. /ARKA/. The ratio of Armenia’s public debt to GDP at the end of the year is expected to reach 50-60%, Armenian Finance Minister Atom Janjughazyan said Wednesday at an extraordinary meeting of the country’s parliament.

“It is clear that the ratio of government debt to GDP does not depend on one factor, in particular, it is difficult to predict GDP amid the current uncertainty,” he said at the hearings on the performance of the government budget for 2019.

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Armenian banks’ capital adequacy ratio (the ratio of a bank’s capital to its risks) continues to grow due to the increase in their capital and a simultaneous reduction of assets, rising to 15.4% in late June 2015, according to the Central Bank of Armenia

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