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Armenia’s total public debt drops by 9.2 percent in October to $4/6 billion

YEREVAN, November 29. / ARKA /. Armenia’s total public debt dropped to $4.564.1 billion on October 31, down 9.2% or $466.3 million from the previous month, according to the National Statistical Service (NSS).

According to the NSS data, the foreign debt decreased by 10.4 % or $454.8 million to $3. 886.9 billion.

About $3.327.9 billion of the external debt was owed by the government. It decreased by 12.1 % or $459 million. Of external debt $559 million were owed by the Central Bank, a 0.7% rise form the previous month.

The domestic debt dropped by 1.6 percent or $11.4 million from September to $677.2 million. Of that amount about $664 million were government bonds purchased by residents; $10 million were trade credits and $2.52 million – domestic guarantees. ($ 1 – 403.92 drams). -0-

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