Armenia’s overall public debts grows to over $11 billion

YEREVAN, December 6. /ARKA/. Armenia’s total public debt stood at over $11.1 billion as of October 31, 2023, having slashed by $206.4 million from the previous month, 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.  If calculated in Armenian drams, as of October 31, 2023 the overall public debt was up by about 17.3 billion to over 4.4 trillion drams. On December 31, 2022 it was worth about 4.2 trillion drams.

According to the NSC, of the total public debt over $6.3 billion was Armenia external debt, which dropped by $171 million from late September 2023, while domestic debt dropped by $35.5 million to about $4.8 billion.

In Armenian drams the external debt decreased by 11 billion to over 2.5 trillion, while the domestic debt grew by 28.3 billion to over 1.9 trillion.

The government’s external debt decreased by $163 million to over $5.8 as of late October 2023. In dram equivalent, the government’s debt decreased by 12.5 billion to over 2.3 trillion.

The debt of the Central Bank dropped by over $8 million to about $524. In dram equivalent it grew by 1.5 billion to about 211 billion.

Of the domestic debt, over $4.2 were owed to resident holders of government bonds, up about $10 million Over $546 million were owed to holders of the government’s Eurobonds (a drop of $42.6 million). Also, $11, 6 were owed as domestic guarantees, a drop of $2.7 million – 0-

spot_img

POPULAR

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 6-12)

Last week, the Armenian financial market focused on, among other things, statements by the Central Bank's management on macroeconomic risks, assessments of the possible inflationary impact of external shocks, discussions of stablecoins, and the development of regional payment infrastructure.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

Armenian Card reported technical issues

The national payment system Armenian Card CJSC (ArCa) reported technical issues.

Armenia’s risk premium is at a historic low, says Central Bank Deputy Chairman

Armenia's risk premium is at a historic low, said Armen Nurbekyan, Deputy Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img