YEREVAN, September 22. \/AR\u041a\u0410\/. The public debt of Armenia has risen by $1 billion, as reported by Armenian Finance Minister Vahe Hovhannisyan, who presented the ratio of this metric for the first half of this year in comparison to December of the previous year.<\/p>\n\n\n\n
According to Armstat, Armenia’s total public debt stood at $13.8 billion as of June 30, 2025, an increase from $12.8 billion as of December 31, 2024.<\/p>\n\n\n\n
“This increase is primarily attributed to the significant issuance of Eurobonds amounting to $750 million in March, with their yield on the secondary market decreasing following the agreement signed on August 8 (the Washington Declaration \u2013 ed.),” Hovhannisyan stated on Monday during a meeting of the parliamentary committee on financial, credit, and budgetary matters, where he presented a report on the execution of the state budget for the first half of 2025.<\/p>\n\n\n\n
The Finance Minister highlighted that, as of June 30, 2025, the public debt in nominal terms amounted to 5.3 trillion drams, equating to $13.8 billion, and noted that the public debt increased by 4.5% in dram terms and by 7.9% in dollar terms.<\/p>\n\n\n\n
“The discrepancy in the changes between dram and currency indicators is attributed to the variations in the dram-to-US dollar exchange rates utilized for debt conversion at the end of 2024 and June 30, 2025 \u2013 396.6 and 384.3 drams, respectively,” Hovhannisyan explained.<\/p>\n\n\n\n
Hovhannisyan further indicated that, in dram terms, government debt rose by 4.8%, while the debt of the Central Bank saw a decrease of 2.2%.<\/p>\n\n\n\n
He reassured that the risk indicators associated with the government’s debt portfolio remain within acceptable limits.<\/p>\n\n\n\n
“The weighted average interest rate in the first half of 2025 has remained stable at 7.2% compared to the end of 2024,” he remarked.<\/p>\n\n\n\n
The minister also noted that all other indicators are manageable and align with target levels.<\/p>\n\n\n\n
“Domestic debt continues to surpass external debt, accounting for 52%. The proportion of dram-denominated debt is 51%, in contrast to 49% for foreign currency debt,” he added. ($1 = 382.85 drams).-0-<\/p>\n","protected":false},"excerpt":{"rendered":"
Armenia’s public debt has increased by $1 billion, stated Armenian Finance Minister Vahe Hovhannisyan, presenting the ratio of this indicator for the first half of this year compared to December of last year.<\/p>\n","protected":false},"author":5,"featured_media":263505,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":["post-266790","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t