Mon, 29 September
27.1 C
Yerevan
USD: 382.75 RUB: 4.63 EUR: 448.54 GEL: 141.34 GBP: 513.96

Armenia’s public debt increased 0.14% to $4 320.8 million in January

YEREVAN, March 2. /ARKA/. Armenia’s total public debt reached $4 320.8 million by late January 2016 after growing 0.14% over one month, the National Statistical Service of Armenia reported on Wednesday.

According to the statistical report, the country’s foreign debt amounted to $4 320.8 million in late January 2016 showing a 0.08% ($3.5 million) month-on-month increase.

The Armenian government’s foreign debt amounted to $3 843.2 million after growing by $2.3 million over one month and the central bank’s debt grew by $1.2 million to $477.5 million.

Armenia’s domestic debt grew by $3.7 million to $765.1 million. Government bonds bought by residents totaled $667 million, government bonds in foreign currencies $96.1 million and internal guarantees $1.97 million.

In the Armenian government budget for 2016, the ratio of the country’s state debt to GDP is projected at 49.4%, and foreign debt-GDP ratio at 42.8%.

The state debt is projected at $5.569 billion, of which 86.6% is foreign debt. –0—

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img