Debito statale dell’Armenia: cifre, fatti, aumento del pagamento degli interessi

Hetq jan, you guys are serious people and do serious investigative reporting. Why such a flop?

The data I see here all shows a fairly healthy state.

Yes, it’s ok/good that:
– Debt is around half of GDP. Countries can have 2x of their gdp and do fine. As the economist in the beginning noted, you take credit to increae economy to pay that credit from a bugger pool of income where that credit becomes small
– Debt grows from internal sources. That’s just safety from hostile actors like Russia who can weaponize your debt.
– Debt payments grow. But the economy grows faster. Hence, your payment size is a smaller portion of your income.