Discussion: “Public Debt Management in Armenia. Analysis of Recent Policy Decisions”
April 28, 15:00

Over the past five years, Armenia's national debt increased drastically from AMD 584.6 billion to AMD 1861.3 billion at the end of 2013 and amounted to 44% of GDP (gross domestic product). This was announced by Artak Kyurumyan, independent researcher, Business Administration graduate of Tulane University at the discussion entitled “Management of the National Debt in Armenia: Political Decisions and Their Consequences.” The speaker also noted that the sharp increase in the government debt is conditioned by dram depreciation.

The discussion participants included economists, public and international organizations, civil society representatives who are concerned about the situation related to Armenia's government debt.

The report is prepared by “Open Society Foundations – Armenia” in the framework of Political Scholarships Initiative.

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