Wed, 23 July
33.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s total public debt exceeds $9.5 bln

YEREVAN, July 8. /ARKA/. Armenia’s total public debt stood at about $9.6 million in late May 2022, having grown by $132.6 million from the previous month, according to the numbers, released by the National Statistical Committee (NSC).

On December 31, 2021, the country’s total public debt was about $9.3 billion. If calculated in Armenian drams, the overall public debt increased by about 24.7 billion drams from late April, 2022 to 4 trillion 307 billion drams.

According to the NSC, of the total public debt about $6.6  billion were the external debt of the government, which grew by $7.5  million from late April 2022, while domestic debt in late May 2022  increased by $124.8 million to about $3.1 billion.

In Armenian drams the external debt decreased by 20.6 billion to 2 trillion 936 billion drams, while the domestic debt increased by 45.3 billion drams to about 1.4 billion drams.

The government’s external debt decreased by $10.6 million to about $6.1 billion as of late May 2022. In dram equivalent, the government’s debt decreased by 27.1 billion drams to 2 trillion 709 billion drams. The debt of the Central Bank increased by about $18.4 million to $505.1 million.

Of the domestic debt, about $2.8 billion (an increase of $104.7 million) were owed to resident holders of government bonds. Some $235.2 million were owed to holders of the government’s Eurobonds (an increase of $11.875 million). 0-

spot_img

POPULAR

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.

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

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img