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Armenia's Foreign Debt Grows By $192.49 Mln To $2.05 Bln In 2006

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  • Armenia's Foreign Debt Grows By $192.49 Mln To $2.05 Bln In 2006

    ARMENIA'S FOREIGN DEBT GROWS BY $192.49 MLN TO $2.05 BLN IN 2006

    RIA Novosti, Russia
    April 3 2007

    YEREVAN, April 3 (RIA Novosti) - Armenia's foreign debt increased by
    $192.49 million to $2.05 billion in 2006, the country's top statistics
    body said Tuesday.

    Armenia's National Statistics Service said the Armenian government's
    foreign debt was $1.02 billion, the private sector's liabilities
    stood at $390.19 million, the debt of monetary authorities amounted
    to $185.76 million, commercial banks owed $211.01 million and foreign
    direct investment in the form of loans totaled $244.44 million.

    Long-term liabilities accounted for the largest part of Armenia's
    foreign debt ($1.45 billion or 70.60%), the statistics service said.

    Armenia's international assets increased by $307.06 million in 2006,
    to $1.39 billion as of January 1, 2007, the statistics service said.
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