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

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

Unibank Supported AGBU Global Run as Lead Sponsor Across 22 Cities Worldwide

The AGBU Global Run for Camp Nairi brought together more than 1,500 participants across 22 cities and raised $500,000 to support children and families affected by war and displacement.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 28 – October 4)

The week's financial agenda combined discussions on reforms with the IMF, supervisory measures by the Central Bank of Armenia (CBA), and preparations for budget financing. The banking and corporate segments of the capital market saw the completion of bond placements.

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

LATEST NEWS

spot_imgspot_imgspot_img