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Armenia's National Debt To Total $4 Bln 374 Mln In 2012

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  • Armenia's National Debt To Total $4 Bln 374 Mln In 2012

    ARMENIA'S NATIONAL DEBT TO TOTAL $4 BLN 374 MLN IN 2012

    December 24, 2012 - 17:33 AMT

    PanARMENIAN.Net - Armenia's national debt will total USD 4 bln 374 mln,
    Minister of Finance said.

    "As of December 31, 2011, Armenia's national debt amounted to AMD
    1 trln 592 bln (USD 4 bln 128 mln)," Vache Gabrielyan told a Dec 24
    press conference.

    In this context, he forecast 31,1% debt-to-GDP ratio against last
    year's 30,1%.

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