"Zhoghovurd": Armenia’s foreign debt increased

Armenia’s total foreign debt had reached $17,629.42m by the end of last December – a $90.5m increase as compared with the end of last September.

The state administration system’s share in Armenia’s foreign debt is 41.39%, the private sector’s share is 11.48%, monetary management agencies’ share is 9.58%. commercial banks’ share is 25.21% and organizations debts as direct foreign investments in terms of intercompany loans.

The lion’s share of Armenia’s foreign debt is in banks, “to the credit” of Armenia’s Prime Minister Tigran Sargsyan, the newspaper writes.