YEREVAN, March 5. /ARKA/. Non-residents’ investment portfolio in Armenia stands currently at about AMD 150 billion, Director of the State Debt Management Department of the Armenian Finance Ministry Samvel Khanvelyan said.
“I would like to single out active non-resident vestors, who have arrived recently. At the moment, their portfolio stands at about 7% of the main portfolio (of domestic state debt) or about AMD 150 billion,” Khanvelyan said at the first investment and financial forum in Armenia organized by Freedom Broker.
He noted that this trend improves the structure of investors. Khanvelyan said also that a new version of the electronic platform for retail sale of government bonds is expected to be launched within a month.
“This will allow not only Armenian residents, but also non-resident individuals to buy Armenian government debt obligations online directly from the issuer,” khanvelyan said.
ARKA and Novosti-Armenia news agencies are the information sponsors of the forum.
According to Armenia’s National Statistical Committee, the country’s total state debt as of December 31, 2023, amounted to about $11.9 billion, up from about $10.7 b4 million a year earlier. Of the total debt, some $6.5 billion were the foreign debt, while domestic debt stood at about $5.4 billion. ($1 – 404.14 drams).
