Wed, 29 October
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Tag: STATE DEBT

Risk Premium on Armenian Eurobonds Reaches Historic Lows – Finance Minister

The risk premium on Eurobonds maturing in 2029 is 197 basis points, stated Armenian Finance Minister Vahe Hovhannisyan.

Armenia’s public debt-to-GDP ratio will stabilize in the 50-60% range: Finance Minister

Given the projected exchange rate of the Armenian dram, the public debt-to-GDP ratio will stabilize in the 50-60% range in the medium term, stated Armenian Finance Minister Vahe Hovhannisyan.

In Armenia, the debt per capita is about $4.3 thousand – Finance Minister

In Armenia, the debt per capita is $4,200-4,300, said Finance Minister Vahe Hovhannisyan.

Armenia’s overall public debt rose by approximately 1.8% to reach $14.1 billion as of July 2025

As of July 31, 2025, Armenia's total public debt was recorded at $14,098.6 million, an increase from $13,852.1 million as of June 30, 2025,according to the Ministry of Finance.

Inflation in Armenia in 2024 was low compared to similar countries – Finance Ministry

Inflation in Armenia in 2024 was 0.3% and was quite low compared to similar countries, said Armenian Finance Minister Vahe Hovhannisyan.

Ratio of public debt to GDP in Armenia in 2024 was 48% – Finance Ministry

The ratio of public debt to GDP in Armenia in 2024 was 48%, Finance Minister Vahe Hovhannisyan said.

ADB reaffirms support for inclusive and sustainable economic development in Armenia

The Asian Development Bank (ADB) is committed to providing consistent support to Armenia in stimulating inclusive and sustainable economic growth.

Armenia does not plan to issue Eurobonds in 2025-2026

Armenia does not plan to issue Eurobonds in 2025-2026, said Armenian Finance Minister Vahe Hovhannisyan

Armenia’s public debt increased by 4.4% to 5.3 trillion drams – Finance Minister

Armenia's public debt as of March 31 is 5.3 trillion drams, an increase of 4.4% compared to December 31 last year, and 5.8% in dollar terms, said Finance Minister Vahe Hovhannisyan.

Demand for Eurobonds issued by Armenia almost three times exceeded their volume of $750 million – Finance Ministry

Demand for Eurobonds issued by Armenia almost three times exceeded their volume, said Finance Minister Vahe Hovhannisyan

Armenia’s public debt increased by 6.2% at the end of 2024 – Finance Ministry

Armenia's public debt at the end of 2024 increased by 6.2% compared to the same period in 2023, reaching about 5 trillion drams, said Armenian Finance Minister Vahe Hovhannisyan.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).