The Philosophy of External Public Debt Management

نویسندگان

چکیده

The main goal of the presented article is to propose effective solutions in philosophical context management foreign public debt RA. Government RA should adopt as a priority philosophy attracting borrowed funds from domestic market. Considering also fact that Republic Armenia relied on ensuring double-digit economic growth, having long-term increase real GDP indicator, which will ultimately contribute reducing volume obligations. As contributing this goal, intends significantly trade turnover[1], especially connection with current geopolitical situation, when Armenia, particular, “gateway Europe” for Russia, trading partner. [1] In 2021, major partners included Russia CIS countries (31.4% turnover, compared 30.6% previous year), and EU other China (15% 13.5%, respectively), Iran (6.0% 5.6 %), Switzerland (4.6% 6.6%), Germany (3.5% 4.2%), Italy (3.4% 3.3%), Bulgaria (2.7% 2.4%) Netherlands 1.8%). Source: Ministry Finance www.minfin.am.

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ژورنال

عنوان ژورنال: Wisdom

سال: 2022

ISSN: ['2738-2753']

DOI: https://doi.org/10.24234/wisdom.v24i4.945