Total public debt reaches EUR 9.5bn

Serbia's total public debt is at around EUR 9.5bn, Jurij Bajec, Adviser to the Serbian Prime Minister, told Tanjug.

Izvor: Tanjug

Wednesday, 11.11.2009.

09:31

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Serbia's total public debt is at around EUR 9.5bn, Jurij Bajec, Adviser to the Serbian Prime Minister, told Tanjug. The 2009 figure alone was EUR 1bn on the domestic market via sale of treasury bonds, and around EUR 800mn on the foreign market, he explained. Total public debt reaches EUR 9.5bn "The total public debt is at around EUR 9.5bn. EUR 4.5bn of that figure represent external debt, while the rest is internal," Bajec said. He remarked that the country was generating more debt than usual in 2009 in order to cover the budget deficit, "but the plan was to annul the deficit in the coming years, so it should be expected that the government would not incur so much debt in the future".

Total public debt reaches EUR 9.5bn

"The total public debt is at around EUR 9.5bn. EUR 4.5bn of that figure represent external debt, while the rest is internal," Bajec said.

He remarked that the country was generating more debt than usual in 2009 in order to cover the budget deficit, "but the plan was to annul the deficit in the coming years, so it should be expected that the government would not incur so much debt in the future".

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