Armenia's public debt increased by over 45%

In order to mitigate the consequences of the 2020 economic crisis and resolve political problems, the Armenian government continued to build up public debt and brought this figure to $9.97 billion, Qazet.az reports according to the Armenian media.

In 2021, Armenia's public debt increased by $1.3 billion or 16%, while in January-July this year, this figure amounted to $748.36 million.

The current government has increased the public debt by $3.1 billion, or 45.2%.