Georgia’s national debt up GEL 165 mln in June

Georgia’s national debt up GEL 165 mln in June

access_time2019-07-15 12:02:04

In June Georgia’s  national debt increased by GEL 658 million and amounted to GEL 19.8 billion. The foreign debt in dollars increased  by $ 71 million , the debt in lari - GEL 560 million. In March the domestic debt increased by GEL 98 million.

As of June 30, Georgia’s  foreign debt totaled GEL 15.6 billion, while the domestic debt -  GEL 4.2 billion.

International organizations account for  70% of the national debt, including 5.5 billion from the World Bank. Georgia owes Germany the most – GEL 910 million, followed by France - GEL 691 million.

 


Georgia’s national  debt is about 45% of GDP.



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