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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-

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