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Net foreign debt of Armenia increases to $1,219.17 million

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  • Net foreign debt of Armenia increases to $1,219.17 million

    Net foreign debt of Armenia increases by 84.05 million dollars to 1
    billion 219.17 million dollars in 3rd quarter of 2008

    http://www.nt.am?shownews=1011137

    YEREVAN, JANUARY 9, NOYAN TAPAN. The gross foreign debt of Armenia made
    3 bln 176.55 mln USD at the end of September 2008, growing by 24.38 mln
    USD as compared with the end of June 2008.

    According to the RA National Statistical Service, 42.4% of the gross
    foreign debt formed in the state government system, 16.4% in the
    private sector, 5.9% in the monetary and credit regulation bodies,
    25.5% in commercial banks, and 10.1% of the debt formed from direct
    foreign investments received as interfirm credits by organizations in
    various sectors of the economy.

    The gross foreign assets of Armenia made 1 bln 957.38 mln USD at the
    end of September 2008, decreasing by 59.67 mln USD in the third quarter
    of 2008. As a result, the net foreign debt of the country grew by 84.05
    mln USD to 1 bln 219.17 mln USD.
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