  External debt of each Armenian citizen totals $1480, paper says March 2, 2012 - 09:43 AMT PanARMENIAN.Net - According to the official data, the state debt of the Republic of Armenia totalled approximately USD 4.137 billion as of December 31, 2011, of which the external debt makes $3.568 billion. Haykakan Zhamanak paper reports that during the past year only the external debt of the country increased by over 8 per cent or $270 million; domestic debt rose by $93 million. Thus Armenia’s state debt grew by $363 million. In other words, the Armenian government borrowed one million dollars daily, including the week-ends, throughout the whole year 2011. Taking into account the data of the recent national census, each Armenian citizen has a debt of $1480.   Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18.   Partner news |  Latest news Russia to begin assessing migrant workers' speaking skills  Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”.U.S. doesn’t see Russia as contributing to peace in Caucasus Patel made the remarks when asked about the implications of Russia’s withdrawal of peacekeepers from Karabakh. |
