Public debt at 51.1% of GDP at end of March

Serbia's public debt amounted to EUR 14.6 billion at the end of the first quarter of 2012, the central bank has announced.

Izvor: Tanjug

Tuesday, 12.06.2012.

16:03

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Serbia's public debt amounted to EUR 14.6 billion at the end of the first quarter of 2012, the central bank has announced. The figure represents an increase of EUR 151 million in comparison to the level recorded at the end of 2011, the National Bank of Serbia (NBS) said on Tuesday. Public debt at 51.1% of GDP at end of March The share of Serbia's national debt in the GDP rose to 51.1 percent. This amounts to a 3.4 percent increase in the first quarter, showed the analysis of Serbia's debt. The value of public debt was calculated thanks to the data provided by the Ministry of Finance and the GDP estimate by the central bank, the NBS underlined. Speaking on Monday, NBS Governor Dejan Soskic urged a speedy forming of a new government that would tackle the country's economic problems, the rising public debt among them. Tanjug

Public debt at 51.1% of GDP at end of March

The share of Serbia's national debt in the GDP rose to 51.1 percent.

This amounts to a 3.4 percent increase in the first quarter, showed the analysis of Serbia's debt.

The value of public debt was calculated thanks to the data provided by the Ministry of Finance and the GDP estimate by the central bank, the NBS underlined.

Speaking on Monday, NBS Governor Dejan Šoškić urged a speedy forming of a new government that would tackle the country's economic problems, the rising public debt among them.

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