News Armenia Debt: Armenia, Russia agree to reduce Yerevan’s debt by cost of unshipped weapons
Previously, Yerevan said that it had not yet received weapons it had already paid for, but that it was ready to resolve the issue in good faith YEREVAN, January 15. /TASS/. Armenia and Russia agreed ...
News Armenia Debt: Opposition MP slams government over $8 billion debt and lack of Gyumri reconstruction
The Armenian government has taken on about $8 billion in debt over the past eight years but has failed to build a single new bui ...
News Armenia Debt: Pashinian: Future In Russian-Led CSTO Will Be Based On Armenia's 'Own State Interests'
Armenian Prime Minister Nikol Pashinian has said any decision about Yerevan's continued membership in the Russian-led Collective Security Treaty Organization (CSTO) will be based on "its own state interests" after he declined to attend the current summit in Minsk.
News Armenia Debt: Next year state debt forecast to be 5 trillion 246 billion drams
YEREVAN, JULY 13, ARMENPRESS. According to the preliminary version of the 2023 state budget of Armenia, the state debt is forecast to be 5 trillion 246 billion drams next year, which comprises 58% of the gross domestic product (GDP), Minister of Finance Tigran Khachatryan said during a meeting in the parliamentary standing committee on financial-credit and budgetary affairs.
News Armenia Debt: Armenia to allocate AMD 260 billion for servicing government debt
According to Khachatryan, public debt has been estimated to amount to AMD 5 trillion 246 billion in 2023, which will makes up 58% of the gross domestic product of Armenia. In 2023, the state debt ...
News Armenia Debt: Armenia's overall public debts nears $10 billion
Armenia's total public debt stood at about $9,931,796,000 as of June 30, 2022, having grown by $351,342,000 from the previous month, according to the numbers, released by the National Statistical Committee (NSC).
News Armenia Debt: How the IMF's loan fees are hurting nations in desperate need
The fund, which for decades has backstopped countries in financial distress, imposes these fees for loans that are unusually large or long-standing and were designed to help protect against hefty loss ...
News Armenia Debt: Critics Say I.M.F. Loan Fees Are Hurting Nations in Desperate Need
Democratic lawmakers say the global fund’s surcharges for emergency relief siphon away money that countries need to fight the pandemic.
