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

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

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.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

LATEST NEWS

spot_imgspot_imgspot_img