Tue, 22 July
33.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s overall public debt down 1.6% in may to $6.754.4 billion

YEREVAN, July 2. /ARKA/. At the end of 2018 May Armenia’s overall public debt stood at $6.754.4 billion, down 1.6% or $112.9 million from the previous month, the National Statistical Committee (NSC) reported.

According to the NSC, Armenia’s external debt stood at $5.494.2 billion, down $39.6 million from the previous month. About $4.897.7 billion of that amount was owed by the government (a decline f $30 million), and $596.4 million was owed by the Central Bank (a decline of $9.6 million).

Armenia’s domestic debt at the end of May 2018 stood at $1.260.2 billion, down by $73.3 million. About $1.102.6 billion was owed to resident holders of government bonds, $148.2 million was owed to holders of US-denominated government bonds and $9 million were provided as government guarantees. -0-

spot_img

POPULAR

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro and dollar rise against Armenian dram, as Russian ruble falls slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 14, 2025, increased by 0.23 points compared to July 11 and amounted to 384.14 drams.

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

LATEST NEWS

spot_imgspot_imgspot_img