Zhoghovurd daily writes:
"7 years after the 2018 revolution, at Nikol Pashinyan's rule, the public debt of the Republic of Armenia as of March 31 is 5 trillion 318 billion drams.
The Minister of Finance Vahe Hovhannisyan stated this at his press conference yesterday.
It turns out that the public debt amounted to about $ 13.6 billion. "As of March 31, the public debt amounted to 5 trillion 318 billion drams, which has increased by 4.4% on December 31 last year.
2024 According to the results, the state debt-GDP decreased by 0.1 percentage points, "the minister said.
He assured that the involvement and volumes of the debt are planned under the RA budget, with a medium-term debt strategy.
The Minister also stressed that the share of domestic debt in the general debt has increased, reaching 50% level. Hovhannisyan considered this a pretty good indicator.
It should be noted that at the end of 2018, the public debt of the Republic of Armenia was about 6.9 billion US dollars.
It would not even even think that if we compared the data debt of 2018, the debt to compare that the public debt increased by about $ 67 billion since 2018, that is, it has almost doubled.
The ratio of public debt to GDP has increased, but moderately, about 2.5 percentage points. "
