Armenia’s national debt rises to $12 billion: THIS WEEK IN BUSINESS
Civilnet- Armenia’s national debt surpassed $12 billion, rising by 1.9% since the beginning of the year. The country’s debt-to-GDP ratio now stands at 48.1%.
- Prime Minister Nikol Pashinyan’s cabinet dissolved the Armenian National Interests Fund, a state-owned enterprise meant to co-invest in major projects alongside foreign entrepreneurs, amid mounting allegations of corruption and mismanagement.
- Lawmakers began debating a bill to introduce a corporate governance code in Armenia.
