The government’s external debt grew by $31.2 million from May to about $3.973.2 billion, while Central Bank’s external debt increased by $8 million to $497.1 million.
The domestic debt of the country at the end of June stood at $874.8 million, an increase of $29.3 million from the previous month. About $784.76 million were owed to resident holders of government bonds. The debt to holders of government USD-denominated bonds stood at $81.1 million and another $8.9 million were government guarantees.
According to the state budget, the country`s public debt in 2016 is expected to make 49.4% of the projected GDP, while the ratio of external debt to GDP will make 42.8%. The size of public debt by the end of 2016 is supposed to amount to $5.569 billion, of which 86.6% will be external debt, Arka.am reports.
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