Armenia’s total state debt rose to $12.8 bln by December 2024.

YEREVAN, February 5. /ARKA/. Armenia’s overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

On December 31, 2023 the state debt stood at $11,845,413,000. Over $6.4 billion of the total was the external debt (an increase of $176.477 million compared to previous month), while the internal debt in December increased by $98 million and amounted to about $6.4 billion.

The government debt increased by $167.457 million and amounted to $5,950,139,000  by the end of December 2024, and the debt of the Central Bank increased by $9.020 million to $504.013 million.

Of the internal debt some $5.8 billion (up by $105.806 million) were owed to resident holders of state treasury bonds, $556.619 million were owed to resident holders of government bonds in foreign currency (a decrease of $11.497 million. Domestic guarantees of the government stood at  $24.059 million with an increase of $3.640 million. No figures were available on loans and borrowings. -0-

spot_img

POPULAR

Armenian investment company assets have grown approximately sixfold since 2021, exceeding 400 billion drams: Dimension Investments CEO

Armenian investment company assets have grown approximately sixfold since 2021, from 67 billion drams to over 400 billion drams, said Grigor Harutyunyan, CEO of Dimension Investments.

Unibank Call Center Now Available 24/7 on Weekdays

Unibank has extended the call center's operating hours, making customer support even more accessible.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (September 7–13)

Armenia's financial agenda last week focused primarily on the capital market, the banking sector, government borrowing, and the development of payment infrastructure.

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img