SOME DEBT PROBLEMS OF THE GOVERNMENT OF REPUBLIC OF ARMENIA
Keywords:
RA state debt, RA government debt, RA government internal debt, RA government external debt,, main indicators of the RA government debtAbstract
Among the global issues of the world economy, perhaps the most problematic today, is the problem of debt. It has become more targeted after the COVID-19 pandemic and, especially, under the conditions of the Russian-Ukrainian conflict in view of the rapid developments, multi-layered risks and expected multi-faceted challenges. The study of the latter and the identification of the possibilities of ensuring national economic security in that domain are very current, especially in the countries with the most fragile behavior.
Republic of Armenia is not exempt from the risk of appearing in a global debt crisis within the framework of global developments, which may especially arise in case of possible changes in the currency structure of the foreign debt of the RA government.
However, although the contours of RA's economic security are extremely disturbing in the current conditions of geopolitical and regional developments, in the long term, stable economic growth and chain developments resulting from it can withstand such worries.