Armenia's government debt stands at $8.9B as of JulyAugust 31, 2021 - 13:39 AMT PanARMENIAN.Net - Armenia's government debt amounted to $8.9 billion in July – up by 12% since the beginning of the year, data published by the Finance Ministry reveals. In July, the national debt grew by 1.1% month-on-month. According to fresh figures, the country's foreign debt now stands at $6.6 billion, while domestic debt totals $2.3 billion. Domestic debt increased by 4.8% in the seventh month of the year, which accounted for all of the growth in public debt for July. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. 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 skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: 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”. |