YEREVAN, APRIL 21, NOYAN TAPAN. The gross foreign debt of Armenia amounted to 2 bln 927.33 mln USD in late December 2007, growing by 917.33 mln USD as compared with late December 2006. According to the RA National Statistical Service, 43% of the gross foreign debt formed in the state governance system, 14.7% in the private sector, 6.6% - in monetary and credit regulation bodies, 18.6% - in commercial banks, and 17.1% were foreign direct investments received as intercompany credits from orgaizations engaged in various sectors of the economy. In late December 2007, the gross foreign assets of Armenia made 2 bln 6.73 mln USD, increasing by 621.98 mln USD as compared with December 2006. As a result, the net foreign debt of Armenia grew by 295.35 mln USD to 920.6 mln USD.

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