ARMENIA’S FOREIGN DEBT RISES 9.3%, TO $1.2 BILLION Y-O-Y

RIA Novosti
14:31 | 06/ 09/ 2007

YEREVAN, September 6 (RIA Novosti) – Armenia’s foreign debt has risen
to $1.265 billion as of July 1, up 9.3%, year-on-year, the National
Statistics Service said Thursday.

The Armenian government’s foreign liabilities totaled $1.103 billion,
while the country’s central bank owes $158 million to states and
international organizations.

The country’s debt to international financial structures amounts to
$1.124 billion, including a $909 million debt to the World Bank and
a $156 million debt to the International Monetary Fund.

Armenia should pay $141 million to bilateral creditors, including $93
million to Germany, $39 million to the U.S. and $4 million to France.