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April 20
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YEREVAN. – The Government of Armenia has taken on large amounts of state debt, Zhamanak daily reported.

“[It took on this debt] under the conditions when there is several tens of billions—and, in some years, one-hundred billion and more drams, as well—in the joint treasury account. 

“Such a conclusion is made in a study that will be presented on April 28.   

“According to the study, in the 21st century, the Government of Armenia has always had large volumes of resources in the Central Bank of Armenia and in the joint treasury account,” Zhamanak wrote.

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