Public debt goes down EUR 320 million in one month

Serbia's public debt was EUR 24.09 billion at the end of June, decreasing EUR 320 million in one month, the Ministry of Finance said in a release Friday.

Source: Tanjug

According to the latest data from the Ministry’s statistics, the debt at the end of June amounted to 71.8 percent of gross domestic product (GDP), and the debt-to-GDP ratio fell 0.9 percent against a month before.

At the end of January this year, the public debt was EUR 23.21 billion, which made up 72.3 percent of GDP.

Since the beginning of 2015, Serbia's public debt was highest at the end of the first quarter, when it stood at EUR 24.19 billion, accounting for 73.3 percent of GDP.

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