Serbia’s public debt rises in May

Izvor: N1 televizija, 13.Jul.2018, 11:37   (ažurirano 02.Apr.2020.)

Serbia’s public debt rises in May

Serbia’s public debt stood at 24.1 billion Euros or 59.9 percent of the GDP at the end of May, the Finance Ministry said on Friday.

According to Finance Ministry figures, the public debt in May rose from 23.6 billion Euros in April which was 58.6 percent of the GDP at the time.

The country’s public debt stood at 23.2 billion Euros or 61.5 percent of the GDP at the end of 2017.

The Finance Ministry said that Serbia’s public debt stood at 24.8 billion Euros >> Pročitaj celu vest na sajtu N1 televizija << or 71.9 percent of the GDP in December 2016 and at 24.8 billion Euros or 74.7 percent of the GDP at the end of 2015.

The public debt stood at 14.17 billion Euros or 201.2 percent of the GDP in the year 2000. The lowest that the pulic debt has been since then was at the end of 2008 when it stood at 8.78 billion Euros or 28.3 percent of the GDP.

The Serbian law on the budget system limits the public debt to a maximum of 45 percent of the GDP.

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