Russia & CIS Business and Financial Newswire
January 25, 2008 Friday 9:57 AM MSK
Armenia’s foreign debt drops to 14.8% of GDP in 2007
YEREVAN Jan 25
Armenia’s foreign state debt stood at $1.36 billion, or 14.8% of GDP
at the end of 2007, Finance and Economics Minister Vardan Khachatrian
said at a press conference on Thursday.
The country’s foreign state debt amounted to $1.2 billion, or 18.9%
of GDP at the end of 2006.
Armenia remains a country with a low foreign debt level, Khachatrian
said.