Armenia’s gross external debt dropped by 1.4 percent to $8.571.48 billion in quarter one, statistics.

YEREVAN, June 30. / ARKA /. Armenia’s gross external debt dropped by 1.4 percent from the beginning of the year or $123.15 million to $8.571.48 billion as of late March, the National Statistical Service (NSS) said.

According to the official data, about 39.69% of the gross external debt was owed by government agencies, 17.58% by the private sector, 7.35% by the Central Bank, 26.91% by depository companies and 8.48% by various companies.

As of March 2014, the country’s gross external assets stood at $3.909.75 billion, a decrease of $264.79 million As a result, the net external debt in the first quarter increased by $141.64 million to $4.661.73 billion.

Armenia’s total government debt in the first quarter stood at $4.550.9 billion as of late May, a decrease of 0.2% from the previous month. According to the NSS, the country’s external debt in the reporting month decreased by $21.7 million to $3.866.1 billion in late May.

Approximately $3.382.6 billion of the external debt was owed by the government, a decrease of $11.1 million. About $483.5 million were owed by the Central Bank, by $10.6 million down from the previous month.

The domestic debt totaled $684.7 million, an increase of $12.3 million from late April. Of that amount $647.48 million were government bonds purchased by residents. Government bonds in foreign currency amounted to $28.9 million, loans and borrowings were worth $6 million and domestic guarantees – $2.3 million. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 6–12)

The week in Armenia's financial market was marked by accelerating annual inflation and activity in the government and corporate securities markets.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

LATEST NEWS

spot_imgspot_imgspot_img