Sat, 19 July
28.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Armenia’s overall public debt in late August 2022 stood at about $10 billion

YEREVAN, October 6. /ARKA/. Armenia’s total public debt stood at about $9,992,116,000 as of August 31, 2022, having grown by a little over $19 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 stood at $9, 225,643,000. Calculated in Armenian drams, the overall public debt decreased by over 22 billion drams from late July, 2022 to a little over 4 trillion drams.

According to the NSC, of the total public debt about $6,288,492,000 were the external debt of the government, which dropped by $112.5 million from late July 2022, while domestic debt in late August   2022  was higher by $130.5 million growing to  about $3,703,623,000.

In Armenian drams the external debt decreased by64.3 billion to over 2.5 trillion, while the domestic debt increased by 42.3 billion to about 1.5 trillion.

The government’s external debt decreased by $106 million to a little over $5.7 billion as of late August 2022. In dram equivalent, the government’s external debt increased by over four billion to over 2.3 trillion.

The debt of the Central Bank decreased by over $6.4 million to $540.5 million.  In dram equivalent it grew by over 4.2 billion to 218.8 billion.

Of the domestic debt, over $3.3 billion (an increase of $62 million) were owed to resident holders of government bonds. Some $369.6 million were owed to holders of the government’s Eurobonds (an increase of $70.3 million). Also, $10.7 million were owed as domestic guarantees, a drop of $2.3 million. – 0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro falls by 1.14 drams against Armenian dram, as US dollar rises slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 11, 2025, increased by 0.17 points compared to July 10 and amounted to 383.91 drams.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Annual meeting of BSTDB Board of Governors to be held in Yerevan

The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

LATEST NEWS

spot_imgspot_imgspot_img