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

Inflation in Armenia rose in April amid tensions due to the Middle East conflict and in supply chains – WB

Inflation in Armenia continued to rise in April amid tensions due to the Middle East conflict and in supply chains, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

Unibank to Raise AMD 3.9 Billion Through a New Share Issue

Unibank has announced a new issue of common shares totaling AMD 3.9 billion. By September 9, 2026, the bank plans to place 10 million shares.

Capital of Armenian credit institutions increased by 9.76% in the first quarter of 2026, exceeding 458 billion drams

The total capital of Armenian credit institutions in the first quarter of 2026 amounted to 458.03 billion drams, an increase of 9.76% compared to the first quarter of 2025.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 19, 2026, rose by 0.17 points compared to May 18, to 368.21 drams.

LATEST NEWS

spot_imgspot_imgspot_img