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

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

Idram’s “City of Good Deeds”: From Teamwork to Real Charitable Projects

“City of Good Deeds” was the theme of Idram’s annual team-building event this year, which stood out for its unique purpose.

“IKO Machinery” LLC’s bonds, totaling AMD 1.1 billion listed on AMX

The Armenia Securities Exchange (AMX) today welcomed the entry into the capital market of "IKO Machinery" LLC, a company operating in both Armenia and international markets.

Rate.Trading: Currency Exchange on a New Digital Platform

The development of digital financial services today involves not only improving existing banking products but also creating specialized platforms that make financial services more efficient and accessible.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img