KEYWORDS TODAY:   SIGMABUDGETCARETAKER GOVERNMENTBSPKTB

HOT: » Center-right GERB party's decision to boycott Parliament puts key updates of 2014's state budget into question

Serbia Reports EUR 178M Public Debt Increase in February

World | March 21, 2014, Friday // 15:55| Views: 656 | Comments: 0
  • Send to Kindle
Bulgaria: Serbia Reports EUR 178M Public Debt Increase in February

Serbia's public debt went up by EUR 178M in February reaching EUR 20.4B or 62.9% of the country's GDP, according to data released by the Ministry of Finance.

At the end of 2013, the public debt totaled EUR 20.089B or 61.2% of the GDP, and according to the Budget System Law, Serbia's public debt is limited to 45% of the GDP, the BGNES reports.

By end-February, Serbia's direct and indirect liabilities amounted to EUR 17.6B and EUR 2.794B respectively.

According to official figures, at the end of 2000, the public debt was EUR 14.2B, or 169.3% of the GDP. Since then it has gradually decreased and reached EUR 8.78B by end-2008, which is 29.2% of the GDP.

World » Be a reporter: Write and send your article
Tags: Serbia, public debt, GDP, Budget System Law, direct, indirect liabilities
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria