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ARMENIA'S FOREIGN DEBT ON RISE
Armenpress
Oct 4, 2005
YEREVAN, OCTOBER 4, ARMENPRESS: Armenia's foreign debt is expected
to stand at $1.227 billion by the end of the year, deputy economy
and finance minister Pavel Safarian said today.
He said Armenia's next year's budget includes $107.9 million in
credits, of which $95.202 million under government liabilities. The
budget also foresees $50.2 million in re-payment of the debt. By the
end of next year the overall foreign debt will increase further making
$1.285 billion. In 2006 Armenia expects loans from International
Development Agency, International Fund for Agricultural Development
(IFAD), German KfW and the International Japanese Cooperation Bank.
Armenpress
Oct 4, 2005
YEREVAN, OCTOBER 4, ARMENPRESS: Armenia's foreign debt is expected
to stand at $1.227 billion by the end of the year, deputy economy
and finance minister Pavel Safarian said today.
He said Armenia's next year's budget includes $107.9 million in
credits, of which $95.202 million under government liabilities. The
budget also foresees $50.2 million in re-payment of the debt. By the
end of next year the overall foreign debt will increase further making
$1.285 billion. In 2006 Armenia expects loans from International
Development Agency, International Fund for Agricultural Development
(IFAD), German KfW and the International Japanese Cooperation Bank.