YEREVAN.- Armenia’s external debt level remains manageable, Deputy Finance Minister Vardan Aramyan told reporters on Wednesday.

He recalled that the public debt makes about $3.6 billion, of which external is about 3.1 billion. In addition, debt service in 2012 will make $270 million.

“External debt is fully manageable. In the medium term, the government envisages a number of loan agreements but their volume will meet solvency norms,” he assured.

According to the Central Bank of Armenia (CBA), in late 2011 Armenian government’s external debt made 2955 million, the debt of CBA - 754 million

The IMF report as of June 2012 said Armenia’s external debt will reach 36.9% of GDP by the end of this year and in the period of 2013-2015 - 35%, 33% and 32.2% respectively.