YEREVAN. – As of early September, Armenia’s foreign liabilities to international financial organizations and creditors crossed the $4-billion mark for the first time, reported Hayots Ashkharh daily.
“But that’s not all. Several loan agreements are already signed, whereby several hundred million dollars [more] are envisioned to be incorporated, including the 200 million-dollar Russian commodity loan, whereby it is envisioned to stock up the arms base of our country.
“[But] the use of this loan has not yet begun. So, it is not included in the loan indicators, just as the 270 million-dollar loan signed for the upgrading of the nuclear plant [of Armenia],” wrote Hayots Ashkharh.