Wed, 2 July
24.1 C
Yerevan
USD: 385.32 RUB: 4.91 EUR: 455.06 GEL: 141.61 GBP: 530.70

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

AMX Reaffirms Compliance with International ISO Standards

The Armenia Stock Exchange and Central Depository (AMX) have successfully completed their compliance certification with ISO 27001:2022 for Information Security Management and ISO 9001:2015 for Quality Management Systems.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img