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Armenian External Debt About To Hit $5 Billion

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  • Armenian External Debt About To Hit $5 Billion

    ARMENIAN EXTERNAL DEBT ABOUT TO HIT $5 BILLION

    Vestnik Kavkaza, Russia
    Oct 16 2014

    16 October 2014 - 12:02pm

    The Armenian delegation headed by Prime Minister Ovik Abramyan has been
    granted a loan worth $711 million at a meeting of the World Bank and
    the International Monetary Fund in the U.S. to realize 13 programs,
    1in.am reports.

    The overall external debt of Armenia reaches %5 billion. Minister
    for Finances Karen Chshmartyan believes that it is not a reason
    for worries.

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