FOREIGN DEBT

Accordiong to RA 2005 bill on state budget, by the end of 2005 Armenia's foreign debt will amount to about $1 billion 172 million. In 2005, RA Government envisages to get internal sourses amounting to $93,6 million, in 2006 $79,8, in 2007 $38,7 million. At the same time, RA Government envisages to pay the main sum amounting to $48,6 and 39,8 million relevantly. This data testify that in the coming years the foreign debt of Armenia will increase. By the end of this year it will amount to $ 1 billion 129 million. The foreign debt of Azerbaijan exceeds $1,5 billion, while Georgia has over $1,7 billion of foreign debt.