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Armenia's Total State Debt In Quarter One Grows By 2.9 Percent To 1.

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  • Armenia's Total State Debt In Quarter One Grows By 2.9 Percent To 1.

    ARMENIA'S TOTAL STATE DEBT IN QUARTER ONE GROWS BY 2.9 PERCENT TO 1.639 TRILLION DRAMS

    /ARKA/
    11 June, 2012
    YEREVAN

    YEREVAN, June 11. /ARKA/. At the end of 2012 March Armenia's total
    public debt stood at 1.639 trillion drams, according to the figures
    released by the National Statistical Service.

    The domestic public debt stood at 219.4 billion drams, by 1.5% more
    form the beginning of the year while foreign debts grew by 1.8%
    to over 1.419.6 trillion drams or $3.6.339 billion.

    An analysis of the public debt dynamics during the reporting period
    shows that the value of government debt in the dram equivalent
    increased by 2.9% compared with the beginning of the year. ($1 -
    412.75 drams.


    From: Baghdasarian
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