Sat, 7 March
3.1 C
Yerevan
USD: 377.31 RUB: 4.78 EUR: 436.81 GEL: 138.21 GBP: 503.37

Total state debt of Armenia in January-February exceeded $10.7 billion

YEREVAN, April 6. /ARKA/.  Armenia’s total public debt stood at over $10.7 billion as of February 28, 2023, having grown by about $84.6 million from January 31, 2023, according to the numbers, released by the National Statistical Committee (NSC).

On December 31, 2022, the country’s total public debt stood at over $10.6 billion. Calculated in Armenian drams, the overall public debt decreased by about 40 billion drams from late January 31 to about 4.2 trillion.

According to the NSC, of the total public debt over $6.3 billion were the external debt of the government, which dropped by about $108 million from late January 2023, while domestic debt in February 2023 was higher by $192.5 million growing to about $4.4 billion.

In Armenian drams the external debt decreased by 86.1 billion to about 2.5 trillion, while the domestic debt increased by 46.3 billion to over 1.7 trillion.

The government’s external debt decreased by $97.2 million to a little over $5.8 billion as of late February 2023. In dram equivalent, the government’s external debt decreased by over 78.1 billion to over 2.6 trillion.

The debt of the Central Bank decreased by about $10.8 million to $548.3 million.  In dram equivalent it dropped by 8 billion to 213.2 billion.

Of the domestic debt, about $1.5 billion (an increase of $40.2 million) were owed to resident holders of government bonds. – 0-

spot_img

POPULAR

Byblos Bank Armenia introduces the Mastercard World card

Byblos Bank Armenia has introduced its new Mastercard World card, offering numerous benefits both in Armenia and abroad.

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

Mopeds, tricycles, and ATVs in Armenia will be included in the compulsory motor third-party liability insurance (CMTPL) system

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the law "On Compulsory Liability Insurance Arising from the Use of Motor Vehicles" in the first reading.

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

Komitas Park Improvement: Acba Bank’s Gift to Yerevan on the Bank’s 30th Anniversary

Komitas Park will be improved in collaboration between Acba Bank and the Yerevan Municipality.

LATEST NEWS

spot_imgspot_imgspot_img