Sat, 4 October
9.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Armenia’s total public debt grows 0.67% to $5120.4 million in February

YEREVAN, April 1. /ARKA/. Armenia’s total public debt reached $5120.4 million in late February after growing 0.67% over one month, the National Statistical Service of Armenia reports.

The country’s foreign debt grew 0.49 or by $21.2 million in February to $4342.12 million.

The government’s debt amounted to about $3 862.2 in late February after growing by $19 million over the month and the central bank’s debt grew by $2.2 million to $479.82 million.

Armenia’s domestic debt totaled $778.3 million in late February. Government bonds purchased by residents amounted to about $668.89 million and government bonds in foreign currencies to $97.4 million and internal guarantees to $1.95 million.

In the 2016 government budget, the country’s public debt to GDP is projected to stand at 49.4%, and the ration of foreign debt to GDP will stand at 42.8%.

The public debt in the government budget is projected at $5.569 billion, of which 86.6% is foreign debt. —0—

spot_img

POPULAR

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.

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.

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img