Monday, February 27 2012 17:32
Gross foreign liabilities of Central Bank of Armenia up 4.6% to $732.2 mln over Jan-Nov 2011
ArmInfo. In Nov 2011 vs Oct 2011 the gross foreign liabilities of the Central Bank of Armenia (CBA) dropped by 2.9%, and grew by 4.6% as compared to Dec 2010, having totaled $732.2 mln, the CBA reported.
In the structure of the CBA's foreign liabilities, 68% or $498.9 mln fell on the loans from the IMF, having dropped over November by 2.9%, and grown by 2.2% over Jan-Nov. The share of SDR in the gross foreign liabilities made up 18.6% or $136.5 mln, having declined by 2.3% over November and grown by 0.7% over Jan-Nov.
Other loans made up 13.2% of the gross foreign liabilities of the CBA or $96.5 mln, having declined by 3% over November, and grown by 20% over Jan-Nov. The share of other liabilities in the gross foreign liabilities is only $0.2 mln, which is by 66.6% lower than in October 2011, and by 60% lower than in December 2010.
To recall, over 2011 continuing growth of the gross foreign liabilities of the CBA was fixed in Jan-Apr, as well as in July, August and October (mostly at the expense of the IMF loans and other loans).