International investors own 7-8% of Armenia’s dram-denominated government debt – Central Bank

YEREVAN, June 24. /ARКА/. Global institutional investors own approximately 7-8% of Armenia’s dram-denominated government debt, stated Central Bank Chairman Martin Galstyan.

“On the one hand, this means that we have achieved a certain level of attention from the international community, but on the other, it dictates certain rules of the game for us,” he said on Public Television.

According to Galstyan, macroeconomic stability remains one of Armenia’s key advantages, while the presence of international investors requires the country to maintain responsible macroeconomic policies.

Regarding opposition claims about the high level of government debt and potential difficulties servicing it, the Central Bank Governor noted that Armenia’s public debt is less than 50% of GDP.

According to Galstyan, the Ministry of Finance and the government are taking steps to reduce the budget deficit and lower the debt burden. “This will be an additional signal to investors that we are a very stable and predictable country from a fiscal perspective. I believe this is the right policy,” he concluded.

According to the Ministry of Finance, Armenia’s total public debt as of March 31, 2026, amounted to $14.77 billion, compared to $13.91 billion as of December 31, 2025. Within this public debt, government debt amounted to $14.68 billion, while community debt amounted to $8.18 million. The Central Bank of Armenia’s external debt as of the end of March 2026 amounted to $482.4 million.

As Armenian Finance Minister Vahe Hovhannisyan stated on June 16, the country plans to reduce public debt to below 45% of GDP in the coming years.

spot_img

POPULAR

Unibank and Unisport took part in the “Tricolor” Yerevan Beat Run

Employees of Unibank and the Unisport club took part in the "Tricolor" Yerevan Beat Run.

Euro fell 1.94 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 23, 2026, increased by 0.01 points compared to 368.08 drams on June 22.

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

Business registration is now available at Unibank

Business registration is the first step toward starting your own venture.

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

LATEST NEWS

spot_imgspot_imgspot_img