Finance Minister: Armenia’s national debt totals over $7.4 billion

October 4, 2018 By administrator

YEREVAN.- Armenia’s foreign debt amounts to 7 billion and 360 million US dollars now. Accordingly, the government debt is 6 billion and 844 million US dollars, the Minister of Finance of Armenia, Atom Janjughazyan, stated the above-said at a press conference on Thursday. He noted this as he presented the 2019 State Budget draft.

According to the minister, in 2019 the debt is expected to make up 50.4% of GDP.

“There is no possibility of reducing the debt as long as we have a budget deficit,” explained Janjughazyan. The Minister noted that 84-86% of the debt is in foreign currency.

France: National Day of the Republic of Armenia in Pont-de-Chéruy

September 26, 2015 By administrator

The September 21, 1991, the Republic of Armenia shall be established, after 70 years of Soviet domination.

The Armenian community met with elected before the stele erected by the municipality of Pont-de-Chéruy it a few years ago. The latter paid tribute, as part of the centenary of the Armenian Genocide, Leon Terzian, who died in 2013, was first deputy of the city for three terms and chairman of the Armenian community, through an exhibition of photographs made by his son, Frederick Vartan (1961-1994). Both, in their own way, have fought for their country.

http://lessor.fr/fete-nationale-de-la-republique-d-armenie-a-pont-de-cheruy-11450.html