Fri, 31 January
-6.9 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Armenia’s overall public debt ups by $25 million in may to $6.924.5 billion


YEREVAN, June 10. /ARKA/. Armenia’s total public debt at the end of May 2019 stood at $6.924.5 billion, an increase of $25.1 million or 0.36% from the previous month, according to the Ministry of Finance.

The government-owed debt stood at $6.379.8 billion, an increase of $23.9 million from the previous month. Of that amount $4.917.2 billion were owed as external debt, an increase of $2.9 million, while $1.462, 6 billion was the government’s domestic debt, an increase of $21.1 million when compared to late April.

According to the Ministry of Finance, the Central Bank’s debt at the end of May stood at $544.7 million, an increase of $1.2 million. -0-



spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img