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Tag: FOREIGN DEBT

Vice-premier does not rule out increase in Armenia’s foreign debt amid world recession

Economy admin -
Armenia’s foreign debt may increase amid the global recession, Vice-Premier Mher Grigoryan told reporters on Thursday in the National Assembly. "It is possible that external debt will increase. I consider this a normal process, as there is a recession throughout the world," he said

Pashinyan: thanks to third issue of Eurobonds, government will save $10 million a year on servicing its foreign debt

Capital market admin -
Armenian Prime Minister Nikol Pashinyan said on Saturday that thanks to the third issue of Eurobonds, the government will save $10 million a year on servicing its foreign debt

Armenia’s foreign debt dropped by $120 million months over past 15 months

Economy admin -
Armenia’s foreign debt dropped by $120 million over the past 15 months, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday

Armenia’s foreign debt shrinks for first time in 4.5 years

Economy admin -
Armenia's foreign has shrank over the last 15 months for the first time since 2015, the Armenian government reports on its Facebook page

Armenia’s foreign debt reduced by $33.6 million in March

Economy admin -
YEREVAN, April 11. /ARKA/. Armenia’s foreign debt amounted to $4 943.6 million in late March 2019 after shrinking 0.67%...

In 2020 Armenia will need $973.5 million to service its foreign debt

Banks admin -
The amount of money that the government of Armenia earmarks annually to service its foreign debt is gradually increasing, and by 2020 it will reach the maximum of $973.5 million, the deputy head of the Audit Chamber Ara Nranyan told the parliament today

Finance minister: Armenia’s foreign debt amounts to $5.4 billion now

Economy admin -
Armenia’s foreign debt amounts to $5.4 billion now, Vardan Aramyan, the country’s finance minister, said Monday at a news conference

Armenian finance minister expects no additional pressure on national currency from foreign debt repayment

Exchange market admin -
Vardan Aramyan, Armenian finance minister, thinks the increase in the foreign debt servicing burden is unlikely to put additional pressure on the Armenian dram

Armenian premier not afraid even of 80% foreign debt

Economy admin -
Karen Karapetyan, Armenian prime minister, speaking Thursday at the National Assembly’s extraordinary session, said that he found important the structure of the country’s foreign debt

1Q foreign debt of Armenian banks and credit organizations hit $1.03bln

Banks admin -
The foreign debt of Armenia’s commercial banks and credit organizations decreased by 12.8% to $1.03 billion in the first quarter 2013 against $1.17 billion a quarter earlier, the Central Bank said in its 1Q summary report

Armenia’s foreign debt grows to about $3.8 billion

Economy admin -
Armenia’s state foreign debt increased by 4.8 percent ($172.6 million) from the beginning of the year to more than $ 3.740.8 billion as of late September, according to numbers released today by National Statistical Service (ArmStat)

Former chairman of Armenian central bank voices concern over growing foreign debt

Economy admin -
Former chairman of Armenian central bank voices concern over growing foreign debt

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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