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

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

Armenian dram strengthens against US dollar and weakens against euro and ruble

YEREVAN, August 21. /ARKA/. The average market exchange rate of the US dollar to the Armenian dram on the Armenian foreign exchange market on August 21, 2026, fell by 0.1 point to 365.16 drams compared to August 20.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img