The messenger logo

Armenia’s debt more than $4B USD

By Messenger Staff
Friday, March 9
According to Armenia’s national statistics office, by December 30, 2011 the government debt had reached $4 billion USD.

Prime Minister Tigran Sarkisyan believes that the debt can be managed, as it is currently only 40% of GDP. Armenia's total GDP in 2011 was approximately $9 billion USD.