Sat, 21 February
12.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Armenia’s 2025 public debt payments to exceed $2.4 billion; Minister plans dollar loan increase

YEREVAN, December 25. /ARKA/. According to the schedule for repaying the state debt in 2025, Armenia is set to repay approximately $1.6 billion in principal and around $780 million in interest payments, said Armenian Finance Minister Vahe Hovhannisyan.

He noted that the payments will be made through the issuance of new Eurobonds, budget support loans, and the issuance of new government bonds.

The minister also pointed out that in previous years, the government focused on dram-denominated loans, increasing their share to approximately 48% of the state debt.

“Next year, this share will slightly decrease depending on our need for cash. That is, based on our need for foreign currency, we decided that we will take on more debt in dollars than we did this year,” Hovhannisyan said at a press conference on Wednesday.

According to official statistics, Armenia’s total public debt as of October 31, 2024, amounted to $12.63 billion, an increase of $131.37 million compared to September 30, 2024. Of this, $6.28 billion is external debt (a decrease of $20.08 million over the month), while internal debt rose by $151.45 million to $6.36 billion in October.

spot_img

POPULAR

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

Euro, dollar and ruble exchange rates against the Armenian dram have increased

The average market exchange rate for the US dollar against the Armenian dram, as of February 18, 2026, increased by 0.86 points compared to February 17, reaching 377.69 drams.

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img