{"id":105034,"date":"2017-01-18T15:01:10","date_gmt":"2017-01-18T15:01:10","guid":{"rendered":"https:\/\/armbanks.am\/2017\/01\/18\/245779\/"},"modified":"2024-12-30T09:32:47","modified_gmt":"2024-12-30T09:32:47","slug":"armenias-public-debt-in-2016-grows-by-857-million-to-5-9-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/01\/18\/105034\/","title":{"rendered":"Armenia\u2019s public debt in 2016 grows by $857 million to $5.9 billion"},"content":{"rendered":"<p><strong>YEREVAN, January 18. \/ARKA\/.<\/strong> Armenia\u2019s overall public debt surged by $857.1 million in 2016 or by 17% from the previous year to $5.934.8 billion, according to the final data of the Ministry of Finance. In 2016 alone the debt increased by $338.5 million, or 6%.<\/p>\n<p>The government\u2019s debt increased by 18% to $5.430.1 billion and that of the Central Bank\u2019s grew by 6% to $504.7 million.<\/p>\n<p>Armenia&#8217;s external debt last year amounted to $4.798 billion, an increase of $482.1 million or 11.2% from the year before. In 2016 the share of external debt in the total public debt decreased from 85% to 80%, according to the ministry.<\/p>\n<p>At the same time the domestic debt increased by $375 million, or 49.2%, to $1.136.5 billion. Its share in the total debt rose from 15% to 19%.<\/p>\n<p>Earlier, finance minister Vardan Aramyan said the public debt of the country was expected to reach $5.849 billion, while the ratio of public debt to GDP was to amount of 54.5%.<\/p>\n<p>&#8220;We remain in the list of countries with low debt burden and the situation is not too threatening &#8230;&#8221; he would say.<\/p>\n<p>According to him, the nominal volume of the public debt in 2017 is projected at $6.245 billion.<br \/>\nAccording to the state budget, the public debt in 2016 was expected to make 49.4% of GDP. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia\u2019s overall public debt surged by $857.1 million in 2016 or by 17% from the previous year to $5.934.8 billion, according to the final data of the Ministry of Finance<\/p>\n","protected":false},"author":1,"featured_media":167434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,13790,460],"class_list":{"0":"post-105034","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-public-debt","11":"tag-460"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=105034"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/167434"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=105034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=105034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=105034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}