Armenia’s total public debt grows by $45.8 million in June 2017

YEREVAN, July 31. /ARKA/. Armenia’s aggregate public debt amounted to $6,140.8 million in late June after growing 0.75% or by $45.8 million over one month, the National Statistical Service reports.

The country’s foreign debt has grown by $18 million over the month to $4,942.2 million, where the government’s debt amounts to $4,382.3 million (up by $9 million) and the central bank’s debt amounts to $559.8 million (up by $8.9 million).

Armenia’s domestic debt has grown by $27.7 million to $1,198.5 million, where government bonds bought by residents total around $1,067.4 million, government bonds in foreign currencies total $122.1 million and domestic guarantees $9 million.

Nominal amount of the country’s public debt amounts to around $6.245 billion in the 2017 government budget against the $5.849 billion projected in the 2016 government budget. –0—-

spot_img

POPULAR

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

Top Travel Destinations of 2026: IDBank

Travel is no longer about just choosing a destination; it has become a way to embrace new experiences, discover various cultures, and create lasting memories.

Armenian tomatoes will be exported to Europe

With the support of Acba Leasing, Prom Group purchased 20 brand-new Volvo trucks, which will be used to export high-quality Armenian tomatoes to Europe as early as July of this year.

LATEST NEWS

spot_imgspot_imgspot_img