{"id":111390,"date":"2017-12-04T11:34:58","date_gmt":"2017-12-04T11:34:58","guid":{"rendered":"https:\/\/armbanks.am\/2017\/12\/04\/246952\/"},"modified":"2024-12-15T13:31:44","modified_gmt":"2024-12-15T13:31:44","slug":"armenian-governments-external-debt-up-5-5-percent-in-9-months","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/12\/04\/111390\/","title":{"rendered":"Armenian government\u2019s external debt up 5.5 percent in 9 months"},"content":{"rendered":"<p><strong>YEREVAN, December 4. \/ARKA\/.<\/strong> Armenian government\u2019s aggregate external debt stood at $5.067.8 billion at the end of September, an increase of 5.5%, when compared to the beginning of the year, according to the numbers, released by the National Statistical Service (NSS).<\/p>\n<p>The bulk of the debt were multilateral loans which at the end of the reporting period of time amounted to $3.418.3 billion, an increase of 5.6% compared to the beginning of the year. Some 35% of that amount, $1.791.1 billion, (an increase of 2.9% from the beginning of the year), was owed to the World Bank.<br \/>\nOf that amount $1.131.6 billion were owed to the International Development Agency (IDA), and another $659.5 million were owed to the International Bank for Reconstruction and Development (IBRD).<\/p>\n<p>Armenia&#8217;s debt to the European Bank for Development and Reconstruction (EBRD) stood at $23.3 million; the debt to the European Investment Bank (EIB) \u2013 at $221.3 million, the debt to the International Fund for Agricultural Development (IFAD) was worth $6.5 million, the debt to OPEC was $57.6 million.<br \/>\nThe Armenian government also owed $550.9 million to the Asian Development Bank (ADB), $425.5 million to the International Monetary Fund (IMF), $76.7 million to the European Union and $205 million to the Eurasian Stabilization and Development Fund of the Eurasian Development Bank.<\/p>\n<p>The Armenian government also owed $238.7 million to Japan International Cooperation Agency (JICA), $233.6 million to German KFW bank, $20 million to the US, $111.9 million to France, $96.3 million to Russia, $6.2 million to the Abu Dhabi Development Fund and $23.4 million to the China Export-Import Bank.<\/p>\n<p>The government also owed $24.5 million to several foreign commercial banks, an increase of 9.2%. It also owed $873.4 million to non-resident holders of Eurobonds, a 3.4% decrease, and about $16.4 million to nonresident holders of bonds in Armenian drams.<\/p>\n<p>According to the National Statistical Service, the aggregate state debt of Armenia as of the end of September 2017 was $6.307.9 billion, having increased by 6.1% since the beginning of the year. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian government\u2019s aggregate external debt stood at $5.067.8 billion at the end of September, an increase of 5.5%, when compared to the beginning of the year, according to the numbers, released by the National Statistical Service (NSS)<\/p>\n","protected":false},"author":1,"featured_media":157940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12275,15841,323],"class_list":{"0":"post-111390","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-debt","11":"tag-government-2","12":"tag-323"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111390","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=111390"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/111390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157940"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=111390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=111390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=111390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}