Armenia’s total public debt rose to over $12.6bn in October, 2024

YEREVAN, 6 December. /ARKA/. Armenia’s aggregate public debt as of 31 October 2024 stood at over $12.6 billion, increasing by $131.3 million compared to 30 September 2024, the National Statistical Committee said in a report.

Meanwhile, on 31 December 2023, the debt stood at over $11.8 billion.  Over $6.2 billion was the external debt (down $20 million from the previous  month), while domestic debt rose by $151.5 million to over $6.3 billion.

The government’s external debt fell by $6.7 million to over $5.7 billion, while the Central Bank’s debt fell by $13.4 million to over $508.2 million.

Of the domestic debt over $5.7 billion (an increase of $148.2 million) was owed to resident holders of government  treasury bonds and over $555.5 million was owed to  resident holders of Eurobonds, a decrease of $0.3 million.

Also, the government’s  internal guarantees stood at $21.107 million with an increase of $3.533 million. -0-

spot_img

POPULAR

Capital of Armenian Banks Reaches 2.32 Trillion Drams in January–September

As of September 30, 2026, the total capital of Armenian banks stood at 2.32 trillion drams.

Central Bank of Armenia Proposes Information Security Requirements for Crypto-Service Providers

The Central Bank of Armenia (CBA) has submitted a draft regulatory act for public discussion that establishes minimum information security requirements for entities providing services related to crypto-assets.

Armenia to Allow Online Execution of Certain Real Estate Collateral Agreements Without a Notary

Legislative amendments in Armenia will now allow for the electronic execution without the need for notarization of standard, mixed-type real estate collateral agreements involving banks or credit organizations.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

Euro exchange rate against the Armenian dram falls; dollar and ruble see slight gains — Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, as recorded in Armenia’s foreign exchange market on October 20, 2026, rose by 0.08 points compared to October 19, reaching 361.49 drams.

LATEST NEWS

spot_imgspot_imgspot_img