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