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How Much Will Make Armenia's Foreign Debt In Future?

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  • How Much Will Make Armenia's Foreign Debt In Future?

    HOW MUCH WILL MAKE ARMENIA'S FOREIGN DEBT IN FUTURE?

    news.am
    May 31, 2012 | 00:31

    YEREVAN. - Foreign debt of Armenia will make $3.9 billion this year,
    while it will exceed $4 billion next year, shows the strategic program
    controlling over the debt for 2013-2015 submitted to the approval of
    the Government reports.

    It is expected that the foreign debt will continue growing and will
    exceed $4.2 billion, at the same time the debt in GDP will be reduced
    from 36.6 to 34 percent by 2015.

    It will be a tough period next year for paying out the foreign debt,
    as the Government will have to cover about $160 million, as compared
    to this year's $65 million to maintain the debt.


    From: Baghdasarian
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