“Despite numerous discussions, the nominal and relative amount of public debt exceeded the threshold, which for countries having similar to our characteristic is considered manageable.” About this on Wednesday in Parliament said I.O. The Minister of Finance of Armenia Djangugazyan atom, write Armenian media.
At the same time, I.O. The heads of Armenian Ministry of Finance believes that the problems of Armenia in connection with this “not so large-scale”.
Dzhanjoughazian explained that economic growth programs for the next five years will increase its potential so much that the debt burden of Armenia will decrease, and the GDP-USDOL ratio will return to the level below 60%.
I.O. The minister said that Armenian’s debt reached $ 7 billion $ 969 million, of which $ 7 billion 509 million is government debt.