External debt of Armenia increased by 8.2% making $3568.2 million as of december 30, 2011

YEREVAN, February 29. /ARKA/. External debt of Armenia increased by 8.2% compared to the beginning of January 2012 (or $269.2 million) making about $3568.2 million (or about 1387 billion drams). National Statistic Service of Armenia informed ARKA News Agency that of total amount of external debt 82.7% or about $2950.7 million is the debt of the Government of Armenia which have increased by 7.8% or about $214.5 million compared to December 30, 2011.
The debt of Central Bank of Armenia was 17.3% or $617.3 million of total debt, increased by 9.7% or $54.7 million compared to December 30, 2011.
In the total structure of state external debt of Armenia 69.4% ($2475.4 million) is Armenia’s debt to international financial organizations which compared to December 30, 2010 increased by 9.8%. Armenia’s debt to the World Bank was $1336.8 million or 37.5% of total amount of external debt of the country as of December 30, 2011. In the reporting period it increased by 5.6%.
Armenia’s debt to International Monetary Organization (IMF) was $827.5 million (or 23.2%). As of December 30, 2011 the debt to IMF increased by 11.7%.
Armenia’s debt to Asian Development Bank (ADB) at the end of December 2011 was $165.3 million vs. $146.7 million as of December 30, 2010.
Armenia’s debt to International Fund of Agriculture Development was over $66.3 million in December 30, 2011 vs. $62 million December 30, 2010, Organization of Petroleum Exporting Countries (OPEC) – $28.3 million, reduced by 1.2% compared to December 30, 2011.
In accordance with the statistic information, $1092.7 million of external state debt (or 30.6%) is the debt to bilateral creditors. In particular, $500 million is Russia’s debt (not changed compared to the similar indicator of December 30, 2010), Japan – increased by 6.1%, from $374.4 million to $397.2 million.
Over $155 million is Germany’s debt which increased by 16.8%, U.S. debt reduced by 5.9% making $31.1 million as of December 30, 2011, France – reduced from over $4.3 million to about $4.1 million ($1 – 388.75 drams). G.K. –—0—-

YEREVAN, February 29. /ARKA/. External debt of Armenia increased by 8.2% compared to the beginning of January 2012 (or $269.2 million) making about $3568.2 million (or about 1387 billion drams). National Statistic Service of Armenia informed ARKA News Agency that of total amount of external debt 82.7% or about $2950.7 million is the debt of the Government of Armenia which have increased by 7.8% or about $214.5 million compared to December 30, 2011.

The debt of Central Bank of Armenia was 17.3% or $617.3 million of total debt, increased by 9.7% or $54.7 million compared to December 30, 2011.

In the total structure of state external debt of Armenia 69.4% ($2475.4 million) is Armenia’s debt to international financial organizations which compared to December 30, 2010 increased by 9.8%. Armenia’s debt to the World Bank was $1336.8 million or 37.5% of total amount of external debt of the country as of December 30, 2011. In the reporting period it increased by 5.6%.

Armenia’s debt to International Monetary Organization (IMF) was $827.5 million (or 23.2%). As of December 30, 2011 the debt to IMF increased by 11.7%.

Armenia’s debt to Asian Development Bank (ADB) at the end of December 2011 was $165.3 million vs. $146.7 million as of December 30, 2010.

Armenia’s debt to International Fund of Agriculture Development was over $66.3 million in December 30, 2011 vs. $62 million December 30, 2010, Organization of Petroleum Exporting Countries (OPEC) – $28.3 million, reduced by 1.2% compared to December 30, 2011.

In accordance with the statistic information, $1092.7 million of external state debt (or 30.6%) is the debt to bilateral creditors. In particular, $500 million is Russia’s debt (not changed compared to the similar indicator of December 30, 2010), Japan – increased by 6.1%, from $374.4 million to $397.2 million.

Over $155 million is Germany’s debt which increased by 16.8%, U.S. debt reduced by 5.9% making $31.1 million as of December 30, 2011, France – reduced from over $4.3 million to about $4.1 million ($1 – 388.75 drams). –—0—-

spot_img

POPULAR

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

Unibank Becomes Title Sponsor of Alashkert Football Club

Unibank and a four-time champion of Armenia "Alashkert" Football Club, have expanded their partnership, with the Bank becoming the club’s title sponsor.

LATEST NEWS

spot_imgspot_imgspot_img