Thursday, March 1, 2018

Net public debt rises six percent to $70 billion. Share of foreign debt is falling


Net total debt, after deducting public sector deposits with the Central Bank (BDL) and commercial banks, increased by six percent to $69.3 billion. Gross public debt grew 6.2 percent in 2017 to reach $79.5 billion by the end of the year, according to data published by the Ministry of Finance (MoF).

The foreign portion of the debt increased by $2.3 billion to $30.4 billion. Domestic debt rose by $2.4 billion to $49.1 billion. The proportion of foreign debt as a percentage of total debt con...

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