Armenia's state debt disclosed

Armenia's state debt disclosed As of September 1 of this year, Armenia's state debt amounted to $11,395.1 million, wrote Zhoghovurd Daily, Report informs.
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September 29, 2023 11:14
Armenia's state debt disclosed

As of September 1 of this year, Armenia's state debt amounted to $11,395.1 million, wrote Zhoghovurd Daily, Report informs.

This is 9% more than the corresponding period of last year and 5.4% more than December 21, 2022.

Thus, the debt of the government was $10,844.1 million.

91% of the foreign debt is the debt of the Armenian government and 9% of the Central Bank. The largest share of foreign and government loans falls to the share of the World Bank. The second largest creditor of Armenia is the Asian Development Bank with 18.8%.

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