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