{"id":112886,"date":"2018-03-02T14:19:02","date_gmt":"2018-03-02T14:19:02","guid":{"rendered":"https:\/\/armbanks.am\/2018\/03\/02\/247243\/"},"modified":"2024-12-15T13:32:49","modified_gmt":"2024-12-15T13:32:49","slug":"armenian-governments-external-debt-grew-by-14-3-in-2017-to-about-5-5-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2018\/03\/02\/112886\/","title":{"rendered":"Armenian government\u2019s external debt grew by 14.3% in 2017 to about $5.5 billion"},"content":{"rendered":"<p><strong>YEREVAN, March 2. \/ARKA\/.<\/strong> In Late December 2017 Armenia\u2019s overall external public debt stood at $5.494.9 billion, an increase of 14.3% or $696.6 million from the previous year, according to the numbers, released by the National Statistical Service.<\/p>\n<p>Armenia\u2019s debt to the World Bank stood at $1.807.9 billion, an increase of 3.8% from 2016, accounting for 33% of the total external debt of the government. The debt to the International Development Agency (IDA) stood at $1.131.7 billion, and the debt to the International Bank for Reconstruction and Development (IBRD) \u2013 at $676.1 million.<\/p>\n<p>Armenia&#8217;s debt to the EBRD stood at $23.6 million; the debt to the European Investment Bank \u2013 at $237 million, the debt to the International Fund for Agricultural Development \u2013 at $66.4 million, the debt to OPEC \u2013 at $57.5 million, the debt to the Asian Development Bank \u2013 at $659.2 million, the debt to the IMF \u2013 at $404.2 million, the debt to the EU \u2013 at $77.8 million and the debt to the Eurasian Stabilization and Development Fund \u2013 at $305.2 million.<\/p>\n<p>The Armenian government also owed $295.9 million to Germany, $252.6 million to Russia, $238.4 million to Japan International Cooperation Agency (JICA), $122 million to France, $20 million to the US, $5.9 million to the Abu Dhabi Development Foundation and $23.7 million to the Export-Import Bank of China.<\/p>\n<p>The government also owed $24.5 million to foreign commercial banks (an increase of 9.5%).<br \/>\nThe government also owed $844.9 million to non-resident holders of Armenian government Eurobonds (a decrease of 6.6%), and about $19.9 million to non-resident holders of government bonds in drams.<br \/>\nAccording to the National Statistical Service, Armenia&#8217;s aggregate state debt at the end of 2017 stood at $6.774.6 billion, an increase of 14.1%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Late December 2017 Armenia\u2019s overall external public debt stood at $5.494.9 billion, an increase of 14.3% or $696.6 million from the previous year, according to the numbers, released by the National Statistical Service<\/p>\n","protected":false},"author":1,"featured_media":158933,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,13243,15841,323],"class_list":["post-112886","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news","tag-armenia-2","tag-external-debt","tag-government-2","tag-323"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - 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