Thursday, February 28, 2019

Public debt up with higher deficits. Gross: $85 billion. Net: $76 billion


Gross public debt increased seven percent year-on-year to $85.1 billion at the end of 2018, according to the Ministry of Finance (MoF).

Net total debt rose ten percent to $75.7 billion over the same period. Net total debt is calculated by subtracting from the gross debt, public sector deposits with the Central Bank (BDL) and commercial banks.



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