Armenia’s total public  debt rose to $11.8 bln in 2023

YEREVAN, February 6. /ARKA/. Armenia’s total public debt as of December 31, 2023, stood at over $11.8 billion, up from over $10.6 billion in late December , 2022, the National Statistical Committee said.

Calculated in AMD,  the public debt in 2023 amounted to about 4.8 trillion. A year earlier the debt in AMD stood at about 4.2 trillion.

Of the total debt over $6.5 billion were the external debt (an increase of $126.7 million from the previous month, while the domestic debt increased by $511.5 million to about $5.4 billion.

In AMD equivalent, the external debt increased by 65. 8 billion drams from November 2023  amounting  to over 2, 6 trillion, while the domestic debt increased by 218.1 billion drams to about 2.2 trillion drams.

Of the external debt, the government’s debt increased by $107.4 million to over $5.9 billion by the end of December 2023. In AMD equivalent, the government’s debt increased by 56.9 billion drams to over 2.4 trillion drams.

The Central Bank’s debt increased by $19.2 million to $550.7 million.

Of the domestic debt,  $4.8 billion (up by $514 million) were owed to resident holders of government treasury bonds and $516.5 million were owned to resident holders of Eurobonds (down by $6.975 million).

Domestic guarantees stood at $17.8 million (up by $4.6illion). -0-

spot_img

POPULAR

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img