Sat, 1 February
-2.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

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-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img