YEREVAN, November 12. /ARКА/. In 2025, the participation of foreign investors in Armenia’s domestic government debt market saw a substantial rise compared to 2018, hitting 177 billion drams, as reported by Finance Minister Vahe Hovhannisyan.
“In 2018, foreign investor participation in the domestic government debt market was merely 3.6 billion drams; however, by September 30, 2025, this amount had surged to 177 billion drams. This indicates that the confidence of international investors in Armenia’s public institutions is at an all-time high,” he remarked during a parliamentary discussion on the 2026 draft state budget on Wednesday.
As per the Armenian State Statistics Service, Armenia’s total public debt stood at 5.4 trillion drams as of September 30, 2025. This total comprises 2.8 trillion drams of domestic debt, which includes 2.6 billion drams in state treasury bonds acquired by residents, 200.3 billion drams in government bonds in foreign currency bought by residents, and 24.3 billion drams in domestic guarantees. ($1 = 382.52 drams).-0-
