Armenia Q106 foreign debt falls 3.7% y-o-y – statistics service

RIA Novosti, Russia
June 2 2006

Armenia Q106 foreign debt falls 3.7% y-o-y – statistics service
14:42 | 02/ 06/ 2006

YEREVAN, June 2 (RIA Novosti) – Armenia’s foreign debt fell 3.7%
year-on-year in the first quarter of 2006 to $1.1 billion, the
country’s top statistics body said Friday.

The National Statistics Service said government debt stood at $930
million and the Central Bank’s debt at $170 million.

It also said the country’s debt to the World Bank and the
International Monetary Fund stood at $760 mln and $170 mln,
accounting for 68.8% and 15.6% of Armenia’s overall foreign debt
respectively.