Armenia’s aggregate state debt amounts to over $6.7 billion

YEREVAN, January 31. /ARKA/. Armenia’s aggregate state debt amounted to $6.774.6 billion at the end of 2017, an increase of 14% or $832.5 million from the previous year, the National Statistical Service (NSS) said. It said also the state debt increased by $343.9 million at the end of December when compared to the previous month.

According to NSS, the country’s external state debt at the end of 2017 stood at $5.494.9 billion, having increased by 14.3% or $689.3 million from the year before.

Of that amount about $4.893.3 billion were the Armenian government’s debt (an increase of $592.4 million), and some $601.5 million were owed by the Central Bank’ (an increase of $96.5 million).

Armenia’s domestic debt at the end of December 2017 amounted to the equivalent of $1.279.6 billion, an increase of $143.2 million. About $1.115.5 billion were owed to holders of government bonds, some $155.1 million were owed to holders of Armenian government’s USD-denominated bonds and $9 million were owed as government guarantees. -0-

spot_img

POPULAR

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Central Bank of Armenia raised its interest rate for the first time in over three years, to 6.75%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points to 6.75%.

Unibank Call Center Now Available 24/7 on Weekdays

Unibank has extended the call center's operating hours, making customer support even more accessible.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

LATEST NEWS

spot_imgspot_imgspot_img