Armenia’s Total Public Debt grows to over $13 Billion

YEREVAN, April 7. /ARKA/. Armenia’s total public debt as of February 28, 2025 amounted to $13,027.848 million, an increase of $140.853 million compared to January 31, 2025, the National Statistical Committee reported.

As of December 31, 2024, the public debt stood at $12,842.240 million. At the same time, in dram terms, as of February 28, 2025, the public debt stood at 5,123,331.6 million, a decrease of 4,661.7 million from the previous month. As of December 31, 2024, the public debt stood at 5,092,718.5 million.

Of the total debt, some $6,353.457 million was the  external debt (a decline over the month by $82.411 million), while the internal debt increased by $223.263 million to $6,674.391 million.

In dram equivalent, the external debt at the end of February decreased by 62,400.0 million and amounted to 2,498,560.5 million drams, while the internal debt increased by 57,738.3 million to 2,624,771.1 million.

Of the external debt, the government debt decreased by $84.999 million and amounted to $5,849.729 million as of the end of February 2025, while the Central Bank debt increased by $2.588 million to $503.728 million.

In dram equivalent, the government debt decreased by 61,082.5 million drams to 2,300,464.6 million drams, while the Central Bank debt decreased by 1,317.5 million drams and amounted to 198,095.9 million drams.

Of the domestic debt, $6,086,190 million (an increase of $215,525 million) were owed to resident holders of  government treasury bonds (in the dram equivalent – 2,393,455.2 million drams, an increase of 57,400.1 million drams). The debt to resident holders of  government bonds in foreign currency amounted to $565,798 million with an increase of $8,599 million (in the dram equivalent – 222,505.7 million drams, an increase of 785.1 million drams).

Domestic guarantees of the government accounted for $22,403 million with a decrease of $0.861 million (in the dram equivalent – 8,810.2 million drams, a decrease of -446.9 million drams).. -0-

spot_img

POPULAR

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

LATEST NEWS

spot_imgspot_imgspot_img