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.
