07:56

29.06.17

1 min.

Bulgaria’s State Debt Shrinks by EUR 970 M

Standartnews |

Bulgaria’s State Debt Shrinks by EUR 970 M

At the end of April 2017 Bulgaria's state debt was EUR 34.112 B, or 70% of the country's GDP.


This is by 1.5%, or EUR 530.1 M less than it was at the end of 2016, and by EUR 973.2 (2.8%) less than it was in April 2017, the central bank said.


And while the gross foreign debt of the state administration shrank by 4.1% in the period December 2016-April 2017 and by 2.9% year-on-year, the foreign debt of the banking sector for the same period increased by 10.8%.



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