Economy

Armenia’s state debt decreases by 10.5 million USD

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Armenia’s state debt decreases by 10.5 million USD

YEREVAN, DECEMBER 14, ARMENPRESS. Armenia’s state debt amounted to 5 billion and 596.3 million USD by November 30, 2016. “Armenpress” reports, citing the monthly bulletin published by the Ministry of Finance of Armenia, Armenia foreign debt amounted to 5 billion and 606.8 milion USD in October, which means it decreased by 10.5 million USD in November, while it decreased by nearly 100 thousand USD against September.

Over 80% of the state debt, 4 billion and 495 million USD, is the external debt and the remaining 1 billion and 101.3 million is the domestic debt.

In November the external debt decreased by nearly 48.5 million USD against October, while domestic debt increased by 38 million USD.

Armenia’s state debt has increased by 518.6 million USD since the start of the year.

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