Economy

Armenia will finish year with state debt of 4.8-4.9 billion dollars

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Armenia will finish year with state debt of 4.8-4.9 billion dollars

YEREVAN, 19 JUNE, ARMENPRESS: Armenia will finish the year of 2015 with a state debt of 4.8-4.9 billion US dollars. The Deputy Finance Minister of Republic of Armenia, Chief Treasurer Atom Janjughazyan told about this during the conversation with journalists at the National Assembly.

As Armenpress reports, Janjughazyan mentioned: “Armenia finished last year with a state debt of 4.4 billion dollars and a GDP of 10.88 billion dollars, in the result of which the state debt-to-GDP ratio was 40.4 percent. We finished this year with a state debt of 4.8-4.9 billion dollars.’’

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