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

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

Net inflow of remittances to Armenia from abroad doubled over 8 months

The net inflow of cross-border remittances to individuals in Armenia, received from abroad via the banking system of the Republic of Armenia, totaled $1.8 billion in January–August 2026, compared to $889.3 million in January–August 2025, according to a report by the republic's Central Bank.

Unibank Supported AGBU Global Run as Lead Sponsor Across 22 Cities Worldwide

The AGBU Global Run for Camp Nairi brought together more than 1,500 participants across 22 cities and raised $500,000 to support children and families affected by war and displacement.

LATEST NEWS

spot_imgspot_imgspot_img