Armenia’s national debt to total $4 bln 374 mln in 2012

Armenia’s national debt to total $4 bln 374 mln in 2012

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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