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Armenia’s external public debt in quarter one was $3.867.1 billion

YEREVAN, May 31. / ARKA /. Armenia’s external public debt in the first quarter of 2014 was 0.8 percent down from the same time span in 2013 to $3.867.1 billion, the National Statistical Service (NSS) said today.

According to NSS, about 67.7 % or $2.618 billion of the external debt were multilateral loans. Of that amount about 60 percent or $1.593.3 billion were owed to the World Bank, an increase of 0.5%.

Some $25.6 million were owed to EBRD, $27.9 million were loans provided by the European Investment Bank, $67.78 million were owed to the International Fund for Agricultural Development, $35 million were owed to OPEC, $241.6 million were owed to the Asian Development Bank, $537.4 million were owed to the IMF, $89.2 million were owed to EU.

Armenia also owed $296.7 million to Japan, $220.2 million were owed to Germany, $26.3 million were owed to USA, $5.27 million were owed to France, $5.6 million were owed to Abu Dhabi Development Fund.

Commercial banks owed $17.3 million in loans.  Armenia also owed $676 million to non-resident holders of its first Eurobonds. ($1 – 413.27). -0-

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