Armenia's government debt stands at $8.9B as of JulyAugust 31, 2021 - 13:39 AMT PanARMENIAN.Net - Armenia's government debt amounted to $8.9 billion in July – up by 12% since the beginning of the year, data published by the Finance Ministry reveals. In July, the national debt grew by 1.1% month-on-month. According to fresh figures, the country's foreign debt now stands at $6.6 billion, while domestic debt totals $2.3 billion. Domestic debt increased by 4.8% in the seventh month of the year, which accounted for all of the growth in public debt for July. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |