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  Tuesday, July 16, 2019
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Armenia's foreign debt stood at $1.449 billion as of January
Armenia's foreign debt stood at $1.449 billion as of January 1, or up 20%, year-on-year, the country's state statistics service said on Tuesday.

The debt owed by the government is $1.277 billion, while the Central Bank of Armenia owes $167 million.

The South Caucasus country's debt to international financial organizations stands at $1.203 billion, including $978 million owed to the World Bank, $157 million to the International Monetary Fund, $55 million to the International Fund for Agricultural Development and $11 million to the Organization of Petroleum Exporting Countries.

Armenia's bilateral loans debt accounts for $245 million, including $110 million owed to Germany, $90 million to Japan and $39 million to the United States.


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