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

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

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

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

Armenian commercial banks transferred 116.2 billion drams to the state budget for January-June 2026

All 17 operating commercial banks in Armenia were included in the list of the country's 1,000 largest taxpayers for the first half of 2026, according to data from the State Revenue Committee of the Republic of Armenia.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

Armenian banks’ capital amounted to nearly 2.23 trillion drams at the end of June, representing a 13.63% increase year-on-year

The total capital of Armenian banks as of June 30, 2026, amounted to 2 trillion 226.85 billion drams, an increase of 13.63% compared to June 30, 2025, and a decrease of 3.13% compared to March 31, 2026.

LATEST NEWS

spot_imgspot_imgspot_img