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Serbia: Public External Debt Shrinks
Politics ♦
Published: January 10, 2013; 13:20 ♦ (Vindobona)
In total, public debt grew by 1% in the third quarter of 2012. The debt-to-GDP ratio falls slightly.
Serbia: Public External Debt Shrinks / Picture: © Vindobona.org
Public debt
At end-September, public debt of the Republic of Serbia amounted to EUR 15.9 bln, up by EUR 145.1 mln from end-June. An almost equal increase was observed for government direct liabilities (EUR 72.3 mln) and government liabilities under guarantees issued for loans of public enterprises and local authorities (EUR 72.7 mln).Though public debt was higher…
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