{"id":3621,"date":"2009-11-10T13:43:38","date_gmt":"2009-11-10T13:43:38","guid":{"rendered":"https:\/\/armbanks.am\/2009\/11\/10\/230091\/"},"modified":"2024-12-15T12:45:09","modified_gmt":"2024-12-15T12:45:09","slug":"armenia-negotiates-restructuring-of-countrys-foreign-debt-with-international-lending-organizations","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2009\/11\/10\/3621\/","title":{"rendered":"Armenia negotiates restructuring of country\u2019s foreign debt with international lending organizations"},"content":{"rendered":"<p><strong>YEREVAN, November 10, \/ARKA\/.<\/strong> Chairman of an Armenian parliament committee on financial and crediting issues Gagik Minasian said today the authorities are negotiating restructuring of the country\u2019s foreign debt with international lending organizations.<\/p>\n<p>Speaking at a news conference at Novosti International Press Center, he said the World Bank and the International Monetary Fund (IMF) have began already restructuring foreign debts of some countries.<\/p>\n<p>According to him, restructuring will allow to ease the credit burden of the country. He added that loans were attracted to preserve the social spending next year.<\/p>\n<p>He said the 2010 draft budget calls for 183 billion Dram deficit which would make 5.7% of the projected GDP. Half of that deficit are foreign debts.<\/p>\n<p>According to the 2010 draft budget, the government plans to collect 676. 6 billion Drams of revenues, and spend 859.6 billion Drams. The budget deficit is projected at 183 billion Drams and the GDP at 3.214 trillion Drams.<\/p>\n<p>Armenia\u2019s state debt is expected to hit $3.9 billion, economic growth is projected at 1.2%. \u00a0-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chairman of an Armenian parliament committee on financial and crediting issues Gagik Minasian said today the authorities are negotiating restructuring of the country\u2019s foreign debt with international lending organizations.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9216],"tags":[15837,12203],"class_list":{"0":"post-3621","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news","7":"tag-armenia-2","8":"tag-organizations"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/3621","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=3621"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/3621\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=3621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=3621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=3621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}