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

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on March 17, the Board of the Central Bank of Armenia maintained the refinancing rate at 6.50% for the third consecutive time.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Change in the Executive Management of Converse Bank

Yerevan, March 16, 2026. Converse Bank CJSC announces that Mr. Andranik Grigoryan will step down from his position as Chief Executive Officer of the Bank effective March 31, at his own request.

LATEST NEWS

spot_imgspot_imgspot_img