Armenia’s national debt totals $4,369bln in 2012

Armenia’s national debt totals $4,369bln in 2012

PanARMENIAN.Net - In 2012 Armenia was listed among the countries with small debt burden, deputy minister of finance, chief treasurer Atom Janjughazyan said.

According to him, Armenia’s national debt amounted to USD 4,369 bln at the end of 2012, making up 42,6% of GDP.

“The foreign debt made up USD 3,738 bln, with the internal debt totaling USD 631 mln” deputy minister said.

Thus, the total debt amounted to USD 4,129 bln in 2011, with the foreign and internal debts making USD 3,568 bln USD 560 mln respectively.

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