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Seda Hergnyan

Armenia's National Debt: $56.3 Million Increase in May

The national debt of Armenia stood at US$ 6.095 billion as of the end of May 2017.

It grew by $56.3 million (0.9%) in May.

Most of the country’s national debt is comprised of external debt (or foreign debt) - $4.924 billion. Foreign debt grew by $70.7 million (1.4%) in May.

Armenia’s government owes $4.373 million of the external debt and the Central Bank owes $551 million.