Armenia takes €80 million OPEC fund loan as government debt more than doubles since 2018
Published on: Thursday 03 September 2026
(Horizon Media / YEREVAN) — Armenia’s government has approved a new €80 million budget-support loan from the OPEC Fund for International Development, adding to a rapidly expanding stock of government debt and raising further questions about the authorities’ increasing reliance on borrowing to finance state spending. Under the agreement approved Thursday, the funds are to
News source: https://horizonweekly.ca/en/armenia-takes-e80-million-opec-fund-loan-as-government-debt-more-than-doubles-since-2018/
