ARMENIA’S NATIONAL DEBT TO TOTAL $4 BLN 374 MLN IN 2012

December 24, 2012 – 17:33 AMT

PanARMENIAN.Net – Armenia’s national debt will total USD 4 bln 374 mln,
Minister of Finance said.

“As of December 31, 2011, Armenia’s national debt amounted to AMD
1 trln 592 bln (USD 4 bln 128 mln),” Vache Gabrielyan told a Dec 24
press conference.

In this context, he forecast 31,1% debt-to-GDP ratio against last
year’s 30,1%.