Armenia’s public debt grows 0.18 percent to $5 606.8 million in October
01.12.2016,
14:05
Armenia’s public debt reached $5 606.8 million by late October after growing 0.18 percent or by $10.4 million over one month, National Statistical Service reported on Thursday.
YEREVAN, December 1. /ARKA/. Armenia’s public debt reached $5 606.8 million by late October after growing 0.18 percent or by $10.4 million over one month, National Statistical Service reported on Thursday.
It has grown 10.4% or by $529.1 million since the beginning of this year.
The increase of the country’s total public debt was due to the increase of its domestic debt.
According to the statistical report, the country’s foreign debt reduced by 1% or by $48.4 million in October, compared with the previous month, to $4 543.5 million.
About $4 044.5 million in Armenia’s public debt is the Armenian government’s debt (reduced by $41 million), and $498.9 million is the central bank’s debt (reduced by $7.4 million).
Armenia’s domestic debt grew by $58.9 million to $1 063.29 million, where government bonds bought by residents and bonds in foreign currencies amount to $971.6 million and domestic guarantees to $7 million.
In the government budget for 2016, the country’s public debt is projected to make up 49.4% of GDP and the ratio of foreign debt to GDP is projected at 42.8%.
The public debt is expected to amount to $5.569 billion, where foreign debt will make up 86.6%. --0---
It has grown 10.4% or by $529.1 million since the beginning of this year.
The increase of the country’s total public debt was due to the increase of its domestic debt.
According to the statistical report, the country’s foreign debt reduced by 1% or by $48.4 million in October, compared with the previous month, to $4 543.5 million.
About $4 044.5 million in Armenia’s public debt is the Armenian government’s debt (reduced by $41 million), and $498.9 million is the central bank’s debt (reduced by $7.4 million).
Armenia’s domestic debt grew by $58.9 million to $1 063.29 million, where government bonds bought by residents and bonds in foreign currencies amount to $971.6 million and domestic guarantees to $7 million.
In the government budget for 2016, the country’s public debt is projected to make up 49.4% of GDP and the ratio of foreign debt to GDP is projected at 42.8%.
The public debt is expected to amount to $5.569 billion, where foreign debt will make up 86.6%. --0---
