{"id":138063,"date":"2022-02-09T08:50:27","date_gmt":"2022-02-09T08:50:27","guid":{"rendered":"https:\/\/armbanks.am\/2022\/02\/09\/250199\/"},"modified":"2024-12-15T13:46:44","modified_gmt":"2024-12-15T13:46:44","slug":"armenias-total-public-debt-amounts-to-9-2-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/02\/09\/138063\/","title":{"rendered":"Armenia\u2019s total public debt amounts to $9.2 billion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, Feb. 9. \/ARKA\/. <\/strong>Armenia&#8217;s total public debt as of December 31, 2021 stood at $9,225.643 billion, an increase of $66.367 million compared to November 30, 2021, the\u00a0\u00a0National Statistical Committee said. The public debt as of December 31, 2020 stood at $7,968.486 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Armenian drams , the public debt&nbsp;&nbsp;decreased by 20,525.5 billion drams from November 2021 to 4 trillion 429 billion drams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the National Statistics Committee, the country\u2019s external debt stood at&nbsp;&nbsp;$6,642.675 billion ($7.9 million down from November 2021 ), while the domestic debt increased by $74.276 million in December and totaled $2,582.968 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In AMD equivalent, the external debt decreased by 41,838.8 billion to&nbsp;&nbsp;3 trillion 189 billion, while the domestic debt&nbsp;&nbsp;increased by 21,313.3 billion drams to 1 trillion 240 billion drams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The government\u2019s debt increased by $0.659 million to $6,184.970 billion in December 2021. At the same time, the government&#8217;s debt in AMD equivalent decreased by 35,057.7 billion to 2 trillion 969 billion. The Central Bank debt decreased by $8.568mln to $457.704mln. In dram equivalent, the Central Bank\u2019s debt decreased by 6,781.1 billion to 219.8 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, $2,411.146 bln were owed to resident holders of state treasury bonds (increase of $65.810 mln), Another $160.670 million were owed to resident holders of state bonds in foreign currency (increase of $6.666 mln). Domestic guarantees provided by the government accounted for $11.152 million of the total public debt (increase by $1,800 million).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Armenian Minister of Finance Tigran Khachatryan stated in October 2021 that Armenia&#8217;s public&nbsp;&nbsp;debt&nbsp;&nbsp;will reach AMD 4 trillion 740 by the end of 2022 or 60.2% of GDP. According to him, Armenia&#8217;s foreign debt will make 69% of the total public&nbsp;&nbsp;debt. Some 51.1% of the public&nbsp;&nbsp;debt will be repaid by foreign loans, 30.1% by state and treasury bonds and 18.7% by foreign currency bonds. He said the percentage of domestic&nbsp;&nbsp;and foreign debts will be brought down to&nbsp;&nbsp;30% to 70% respectively. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s total public debt as of December 31, 2021 stood at $9,225.643 billion, an increase of $66.367 million compared to November 30, 2021, the\u00a0\u00a0National Statistical Committee said. The public debt as of December 31, 2020 stood at $7,968.486 billion<\/p>\n","protected":false},"author":1,"featured_media":157087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[460],"class_list":["post-138063","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news","tag-460"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Armenia&#039;s total public debt as of December 31, 2021 stood at $9,225.643 billion, an increase of $66.367 million compared to November 30, 2021, the National Statistical Committee said. 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