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Armenia's foreign debt grows by $192.49 mln to $2.05 bln in 2006

Armenia Materials 3 April 2007 15:02 (UTC +04:00)

( RIA Novosti ) - Armenia's foreign debt increased by $192.49 million to $2.05 billion in 2006, the country's top statistics body said Tuesday.

Armenia's National Statistics Service said the Armenian government's foreign debt was $1.02 billion, the private sector's liabilities stood at $390.19 million, the debt of monetary authorities amounted to $185.76 million, commercial banks owed $211.01 million and foreign direct investment in the form of loans totaled $244.44 million.

Long-term liabilities accounted for the largest part of Armenia's foreign debt ($1.45 billion or 70.60%), the statistics service said.

Armenia's international assets increased by $307.06 million in 2006, to $1.39 billion as of January 1, 2007, the statistics service said.

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