Foreign Debt Levels of Armenia are not Dangerous, Says Central Bank President

Artur Javadyan, President of the Central Bank of Armenia says the levels of foreign debt of Armenia are not dangerous currently.

“Assessments of experts and international organizations also show that the foreign debt level is not dangerous currently”, he said.

Speaking on the loan agreements signed by the Government, Javadyan said the most important is the effectiveness of those loans. “It is important to assess the capacity of our country to serve these loans. We view these programs in this very context. We give our conclusions, as to what possibilities we will have in the future to serve these loans”, he said.