Public debt reaches 38.5% of GDP

Serbia's public debt at the end of November 2010 reached EUR 11.62bn, which is 38.5 percent of GDP.

Izvor: Tanjug

Wednesday, 15.12.2010.

13:46

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Serbia's public debt at the end of November 2010 reached EUR 11.62bn, which is 38.5 percent of GDP. The Serbian Finance Ministry said in Belgrade today that at the end of 2009, public debt was EUR 9.85bn, that is 32.9 percent of GDP, which means that in eleven months of 2010 it increased by about EUR 1.77bn. Public debt reaches 38.5% of GDP Serbia's public debt increased by about EUR 140mn in November 2010 compared to October, when it was EUR 11.48bn. Serbia's total direct liabilities at the end of November 2010 reached about EUR 9.96bn, whereby internal debt amounted to EUR 4.12bn and external debt to EUR 5.84bn. Serbia's total indirect liabilities at the end of November reached EUR 1.66bn. At the end of 2008, the country's public debt totaled EUR 8.78bn, which was 26.3 percent of GDP.

Public debt reaches 38.5% of GDP

Serbia's public debt increased by about EUR 140mn in November 2010 compared to October, when it was EUR 11.48bn.

Serbia's total direct liabilities at the end of November 2010 reached about EUR 9.96bn, whereby internal debt amounted to EUR 4.12bn and external debt to EUR 5.84bn.

Serbia's total indirect liabilities at the end of November reached EUR 1.66bn.

At the end of 2008, the country's public debt totaled EUR 8.78bn, which was 26.3 percent of GDP.

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