Armenia's public debt reaches $8 billion

Armenia's public debt reaches $8 billion Armenia's public debt increased by USD 647.2 million in 2020 to USD 7.9685 billion by December 31, Report informs, citing the financial portal "armbanks. am".
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January 25, 2021 15:38
Armenia's public debt reaches $8 billion

Armenia's public debt increased by $647,200,000 in 2020 to $7,968,500,000 by December 31, Report informs, citing the financial portal armbanks. am.

According to the information, the government accounts for $7,5 billion in debt, including $5,593,000,000 in external debt and $1,915,300,000 in internal debt.

The official data for 2020 shows that the population of Armenia reaches 2,959,000 people. It means that the debt per capita makes around $2,700.

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