Sat, 8 November
5.1 C
Yerevan
USD: 382.54 RUB: 4.73 EUR: 441.83 GEL: 141.43 GBP: 501.40

Armenia’s total public debt increased by $9.5 million to $6 934 million in June

YEREVAN, June 15. /ARKA/. Armenia’s total public debt amounted to $6 934 million in late June 2019 after growing by $9.5 million over one month, the country’s finance ministry reported on Friday.

In drams, the total public debt has shrunk from AMD 3 325.6 billion in Late May to AMD 3 308.3 billion in late June.

The government’s debt totaled $6 408.8 million in late June (up $29 million), where foreign debt amounted to $4 930.9 million (up $13.7 million) and domestic debt $1477.9 million (up $15.3 million).

According to the finance ministry’s figures, the central bank’s debt has shrunk by $19.5 million to $525.2 million. ($1 – AMD 476.94). -0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img