Armenia’s total state debt in quarter one grows by 2.9 percent to 1.639 trillion drams

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Economy

11.06.2012, 17:49

At the end of 2012 March Armenia’s total public debt stood at 1.639 trillion drams, according to the figures released by the National Statistical Service.

Armenia’s total state debt in quarter one grows by 2.9 percent to 1.639 trillion drams

YEREVAN, June 11. /ARKA/. At the end of 2012 March Armenia’s total public debt stood at 1.639 trillion drams, according to the figures released by the National Statistical Service.

The domestic public debt stood at 219.4 billion drams, by 1.5% more form the beginning of the year while foreign debts grew by 1.8% to over 1.419.6 trillion drams or $3.6.339 billion.

An analysis of the public debt dynamics during the reporting period shows that the value of government debt in the dram equivalent increased by 2.9% compared with the beginning of the year. ($1 - 412.75 drams. -0-

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