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

Significant inflows of transfers and capital to Armenia boosted reserves to a record $6.5 billion in August – WB

Thanks to significant remittance and capital inflows, gross reserves in Armenia rose to a record $6.5 billion in August, equivalent to 4.3 months of import coverage, according to the World Bank's Armenia "Monthly Economic Update – September 2026."

IDBank, Visa, and Wizz Air Launch New Travel Privileges in Armenia

IDBank is the first in the CIS and Southeastern Europe to introduce the new Visa Wizz Air Platinum co-branded travel card.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

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.

Central Bank of Armenia raised its monetary policy rate for the first time in over three years: how it has changed since the end...

Yesterday, the Central Bank of Armenia raised its monetary policy rate for the first time in over three years. After setting the rate at 10.75% in December 2022, it remained unchanged for several months, and in June 2023, the Central Bank began a gradual rate reduction cycle.

LATEST NEWS

spot_imgspot_imgspot_img