Public Debt of the Republic of Armenia: Main Challenges

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The growth of public debt threatens the economic stability of Armenia, reflecting a broader global issue.
As of 2024, global debt is projected to surpass 92% of GDP, emphasizing the urgency for solutions.
Robust government policies aimed at mitigating risks have yet to yield tangible results for public debt.
Declining birth rates and labor migration pose significant challenges for the economic future of Armenia.

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This analysis uncovers growing public debt levels and associated macroeconomic challenges in Armenia, suggesting urgent measures.

Heghine G. Petrosyan (2025) studied this question.

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