ARMENIAN FOREIGN DEBT ISSUES
The Messenger
June 7 2011
Georgia
Armenia’s foreign debt for April 1, 2011 reached USD 3.382 bln.
Armenia owes the World Bank USD 1.305 bln which is 38.6 % of its
entire foreign debt. Armenia also owes to the different organizations
affiliated to the World Bank USD 1.19 bln and these figures show
that more than 2/3 of Armenia’s debt is to the World Bank and its
affiliated bodies. Apart from World Bank, Armenia owes money to
EBRD, OPEC, Asian Development Bank, the International Foundation for
Agriculture Development, IMF and others. Armenia also owes Russia,
Japan, Germany, USA, and France.
From: Baghdasarian
Disclaimer: This article was contributed and translated into English by Baghdasarian Karlen. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2011/06/09/armenian-foreign-debt-issues/