Monday, December 05, 2005


RIA Novosti, Russia
Dec. 5, 2005

YEREVAN, December 5 (RIA Novosti, Gamlet Matevosyan)
- The external debt of Armenia totaled $1.117 billion as of September 30, down 5.55% since January, but up 3.1% year-on-year, the National Statistics Service said Monday.

Armenia owes 89.6% of its debt to international financial organizations, including $754 million to the World Bank and $185 million to the International Monetary Fund.

Debt to bilateral creditors aggregates $116.4 million, $69.3 million of which is owed to Germany. Armenia owes the United States $41.3 million and France $4.27 million.

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