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ARMENIA'S EXTERNAL DEBT EXPECTED TO EXCEED $ 5 BILLION IN A FEW YEARS (VIDEO)
11:18 | March 18,2015 | Economy
Armenia plans to issue Eurobonds this year to help offset the effects
of the economic crisis in its key trade partner, Russia, Armenia's
Finance Ministry said in February.
Economists in Armenia say that the country's decision to issue
Eurobonds will increase the country's foreign debt which is estimated
to exceed $ 5 billion in a few years. Armenia's external debt now is
over $4 billion.
In its previous sitting, the Armenian government approved plans to
release more Eurobonds, which means Armenia will take a new loan for
several years and is obliged to pay interest year every year u until
the country repays the principal loan in seven years.
http://en.a1plus.am/1207979.html
https://www.youtube.com/watch?v=PUq4660Ys38
11:18 | March 18,2015 | Economy
Armenia plans to issue Eurobonds this year to help offset the effects
of the economic crisis in its key trade partner, Russia, Armenia's
Finance Ministry said in February.
Economists in Armenia say that the country's decision to issue
Eurobonds will increase the country's foreign debt which is estimated
to exceed $ 5 billion in a few years. Armenia's external debt now is
over $4 billion.
In its previous sitting, the Armenian government approved plans to
release more Eurobonds, which means Armenia will take a new loan for
several years and is obliged to pay interest year every year u until
the country repays the principal loan in seven years.
http://en.a1plus.am/1207979.html
https://www.youtube.com/watch?v=PUq4660Ys38