Armenia’s foreign debt shrinks for first time in 4.5 years

Economy

YEREVAN, August 5. /ARKA/. Armenia’s foreign has shrank over the last 15 months for the first time since 2015, the Armenian government reports on its Facebook page.

The government says it has reduced 2.1% or by USD 120 million to USD 4 930.9 million in late June 2019.

According to official statistical reports, Armenia’s total public debt amounted to USD 6 934 million. -0—

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Armenia’s public debt cut has twofold effect, according to researcher
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