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Tag: public debt

Armenia’s public debt grew to $8.869 billion at the end of first half, 2021

Armenia’s public debt stood at 4.394.5 trillion drams ($8.869 billion) on June 30, 2021, having grown by 229.2 billion drams ($900.6 million) from the same time span of last year, according to a report on the execution of the government budget in the first half of 2021, circulated in parliament today

Armenia’s total public debt grows by $120.830 million to over $8.7 billion

Armenia's total public debt stood at $8,772.839 million in late April 2021, having grown by $120.830 million from the previous month, according to the numbers, released by the National Statistical Committee (NSC)

In 2021, Armenia’s public debt/GDP ratio will be over 60% threshold- central bank

In 2021, the ratio of public debt to GDP will be exceeding the threshold of 60%, said Chairman of the Central Bank of Armenia Martin Galstyan to ARKA news agency on Tuesday

Armenia’s public debt/GDP ratio comparable with developed countries, finance minister says

“Armenia public debt in 2019 was below 50% of its GDP, but in 2020 it grew to 63.5%, exceeding the 60% threshold laid down in the fiscal rules,' Finance Minister Atom Janjughazyan said a government meeting today.

Armenia’s growing public debt resulting from populism and incorrect calculations, economist says

Armenia's public debt has grown substantially in recent years due to the government's populism and incorrect calculations, economist and political scientist Hrant Mikaelyan said in an interview with Novosti-Armenia news agency

Armenia’s public debt grew by 13.9% in 2020 to 67.3% of GDP, according to Eurasian Development Bank

Although Armenia's public debt grew by 13.9% in 2020 to 67.3% of GDP, it remains within manageable limits, Alexey Kuznetsov, the head of the Country Analysis Center at the Eurasian Development Bank (EDB) said on Wednesday

Armenia’s public debt grows by $56.391 million to about $8.02 billion

Armenia's overall public debt as of January 31, 2021 stood at $8,024.878 billion, an increase of $56.391 million compared to December 31, 2020, according to the numbers, released today by the National Statistical Committee (NSC)

Armenia’s overall public debt grows to $7.97 billion

Armenia's total public debt amounted to $7.968.5 billion at the end of 2020, having surged by $647.2 million from the previous year, according to a finance ministry's report

EDB considers Armenia’s public debt as source of risk to economy

Armenia's public debt is a source of risk to the economy, according to the macroeconomic forecast of the Eurasian Development Bank (EDB) for 2021.

Level of Armenia’s public debt to GDP in 2020 to make 66.5 percent

The level of Armenia's public debt to GDP by the end of 2020 will be 66.5%, against 49.9% in 2019, and in 2021 it will reach 67%, Armenian Finance Minister Atom Janjughazyan said on Tuesday

Armenia may increase public debt – vice-premier

YEREVAN, November 2. /ARKA/. Armenia may increase the public debt, Armenian Vice-Premier Mher Grigoryan told reporters on Monday. The National...

Fitch Ratings: Armenia’s public debt to grow to 63% of GDP in 2020

Armenia's external vulnerabilities, including high and growing net external debt, a relatively large structural current account deficit, a reliance on remittances and relatively weak FDI inflows, remain in place, Fitch ratings said in a report