{"id":249505,"date":"2020-09-09T16:13:47","date_gmt":"2020-09-09T16:13:47","guid":{"rendered":"https:\/\/armbanks.am\/2020\/09\/09\/249505\/"},"modified":"2020-09-09T16:13:47","modified_gmt":"2020-09-09T16:13:47","slug":"armenias-total-public-debt-grows-to-7-939-525-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/09\/09\/249505\/","title":{"rendered":"Armenia&#8217;s total public debt grows to $7.939.525 billion"},"content":{"rendered":"\n<p><strong>YEREVAN, September 9. \/ARKA\/. <\/strong>Armenia&#8217;s total public debt at the end of July 2020 stood at $7.939, 525 billion, an increase of $220.682 million from the previous month, the National Statistical Committee (NSC) said today.<\/p>\n\n\n\n<p>Since the beginning of the year, the total public debt has grown by $618,269 million. According to the NSS, the external public debt at the end of July 2020 amounted to $6.055, 237 billion, an increase of $73.591 million from the previous month.<\/p>\n\n\n\n<p>About $5.576.651 billion of the external debt were owed by the Armenian government (an increase of $70.015 million), and $478,586 million were owed by the Central Bank (an increase of $3,576 million).<\/p>\n\n\n\n<p>Armenia&#8217;s domestic debt at the end of July amounted to the equivalent of $1.884.288 billion, an increase of $147.092 million. About $1.742.302 billion were owed to resident holders of government bonds and $141,986 were owed to holders of foreign currency denominated bonds.<\/p>\n\n\n\n<p>At the end of July, 2020 Armenia&#8217;s total public debt in the national currency, the dram, increased by 128.061.4 billion to 3.851.940.2 trillion drams.<\/p>\n\n\n\n<p>According to the Ministry of Finance, the ratio of public debt to GDP at the end of 2019 stood at 53.6%.<\/p>\n\n\n\n<p>Citing the coronavirus crisis, Finance Minister Atom Janjughazyan stated earlier that Armenia&#8217;s public debt would grow by 260 billion drams. As a result the budget deficit in 2020 may reach 324 billion drams.<\/p>\n\n\n\n<p>According to the National Statistical Committee, Armenia&#8217;s total public debt at the end of December 2019 amounted to $7.324.167 billion, having increased by $158.091 million from the previous month. Of the external debt some $5.300.412 billion were owed by the government (an increase of $186.278 million), and $489.317 million were owed by the Central Bank (a decrease of $22.801 million).<\/p>\n\n\n\n<p>Armenia&#8217;s domestic debt at the end of December 2019 stood at the equivalent of $1.534.439 billion, having decreased by $5.386 million ($1 &#8211; 488.57 drams). \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia&#8217;s total public debt at the end of July 2020 stood at $7.939, 525 billion, an increase of $220.682 million from the previous month, the National Statistical Committee (NSC) said today<\/p>\n","protected":false},"author":1,"featured_media":157888,"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-249505","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\/249505","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=249505"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/249505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157888"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=249505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=249505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=249505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}