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 and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

Unibank Issues Perpetual Bonds with a 13.25% Annual Yield for Shareholders

Unibank has issued a new tranche of perpetual AMD-denominated bonds with a volume of AMD 9 billion, available exclusively to the bank’s shareholders.

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Armenia’s banking system is capitalized significantly above regulatory requirement: Central Bank Governor

Armenia's banking system is adequately capitalized and has sufficient liquidity buffers, stated Central Bank Governor Martin Galstyan.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

LATEST NEWS

spot_imgspot_imgspot_img