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Debt Will Reach 50 Percent

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  • Debt Will Reach 50 Percent

    DEBT WILL REACH 50 PERCENT

    Lragir.am
    17/12/09

    Armenia's external debt will arrive to GDP 50 percent in 2011. This
    prediction was issued by the head of the Yerevan office of the World
    Bank Aristomane Varudakis. Varudakis stated that the tax administration
    is to be bettered in Armenia. More taxes are to be collected because
    starting from 2012, the greater part of them will be directed to the
    paying off the external debt.
    From: Baghdasarian
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