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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 8-14)

The week in Armenia's financial market was influenced by decisions by international financial institutions, currency dynamics, capital market data, and the debt agenda.

”Teach For Armenia” is the June beneficiary of the ”Power of One Dram”

The May beneficiary of the ''The Power of One Dram'' initiative was the ''Vahe Meliksetyan'' Foundation.

Up to 30% idcoin at pools: Idram&IDBank

From the very first days of summer, everyone gets into “vacation mood”. Some are already planning their long-awaited beach getaways, others prefer to enjoy the breathtaking nature of Armenia, while some are looking for ways to spend the weekend aways from the city’s hustle and bustle – right here in town.

Central Bank of Armenia explained in what cases it intervenes in the foreign exchange market

The Central Bank of Armenia intervenes in the foreign exchange market when the market becomes one-sided, stated Central Bank Chairman Martin Galstyan.

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

LATEST NEWS

spot_imgspot_imgspot_img