YEREVAN. – Armenia’s state debt comprised 40.7 percent of the GDP, or US$ 4.13 billion, in the first quarter of 2012, Deputy Finance Minister and Chief Treasurer Atom Janjughazyan told news reporters.
According to him, the country’s foreign debt made up 36.1 percent of the GDP, or $3.568 billion, and the domestic debt was $560 million.
In the first quarter of 2011, Armenia’s state debt was $4.20 billion, whose $3.634 billion was foreign and $562 million was domestic debt.
Topic
Location
LIVE: Criminal trial of Catholicos of All Armenians, several bishops resumes
Annual workshop of heads of Armenia diplomatic missions abroad kicks off in Gyumri
US dollar exchange rate drops slightly, euro rises somewhat in Armenia
Russia MFA: Armenia attempting to reorient its exports to EU
Russia MFA official: There will be no shocks from reduction of trade with Armenia
Russia FM: Armenia premier's words about EU referendum speak of his distrust in his own people
make preferable
