24/12/2012 18:50
V. Gabrielian: Debt index is forecast not to grow in GDP
As of 31 December 2011, Armenia’s state debt amounted to $4 billion 128 million. It is forecast to make $4 billion 374.9 million as of 31 December 2012. This year Armenia has received loans of about $246 million, Minister of Finance Vache Gabrielian said at the meeting with reporters today, when answering Aysor.am correspondent’s question about the amount of loans taken by Armenia in 2012.
According to the minister, in 2011 the foreign debt-to-GDP ratio was 30.1%, in 2012 it was 31.1%, while in 2013 the overall debt index is forecast not to grow in GDP. The country will receive and repay loans.