{"id":128096,"date":"2020-04-09T13:25:42","date_gmt":"2020-04-09T13:25:42","guid":{"rendered":"https:\/\/armbanks.am\/2020\/04\/09\/249292\/"},"modified":"2024-12-15T13:41:01","modified_gmt":"2024-12-15T13:41:01","slug":"armenian-government-is-considering-scenarios-for-increasing-public-debt","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/04\/09\/128096\/","title":{"rendered":"Armenian government is considering scenarios for increasing public debt"},"content":{"rendered":"\n

YEREVAN, April 9. \/ARKA\/. <\/strong>The issue of increasing Armenia’s public debt is on the government’s agenda, however, the cabinet will consider attracting a new loan only if necessary, Deputy Prime Minister Mher Grigoryan stated at a press conference on Thursday.<\/p>\n\n\n\n

“Of course, the government is thinking about this; there are even specific scenarios, but at the moment I would not want to voice specific numbers or dates,” Grigoryan said.<\/p>\n\n\n\n

According to him, the unpredictable development of the situation in the world make government take more thoughtful steps.
\n“Based on the current situation, caused by the coronavirus outbreak, I do not see problems with increasing public debt. Nevertheless, it is too early to give any estimates, but we need to have it on mind,” Grigoryan said.<\/p>\n\n\n\n

According to the National Statistics Committee, Armenia’s total public debt at the end of December 2019 amounted to $7 324.167 billion. The external public debt stood at about $5.8 billion. Of that amount about $5.4 billion were owed by the government. The Central Bank’s debt stood at $489.317 million. The domestic debt was worth the equivalent of about 1.6 billion.<\/p>\n\n\n\n

Armenian declared a 30-day state of emergency on March 16 to contain the spread of coronavirus. A week later it imposed stringent restrictions on free movement of people and banned also some types of economic activity until April 12 inclusive.<\/p>\n\n\n\n

As of April 9, some 921 confirmed cases of coronavirus were reported in the country, some 138 patients were said to have recovered and ten people died. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"

The issue of increasing Armenia’s public debt is on the government’s agenda, however, the cabinet will consider attracting a new loan only if necessary, Deputy Prime Minister Mher Grigoryan stated at a press conference on Thursday<\/p>\n","protected":false},"author":1,"featured_media":183951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,15841,13790,460],"class_list":{"0":"post-128096","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-government-2","11":"tag-public-debt","12":"tag-460"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/128096","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=128096"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/128096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/183951"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=128096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=128096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=128096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}