Georgia’s state debt hits $4.2 billion

Business Materials 11 June 2012 13:07 (UTC +04:00)

Georgia, Tbilisi, June 11 / Trend N. Kirtzkhalia /

Georgia's state foreign debt as of May 31, 2012 amounted to $4.174.439 billion which is 0.04 per cent more compared to the same period of 2011, the Georgian Ministry of Finance said today.

About $3.633.728 billion of the total debt fell to the government's debt whilst $540,711 was the National Bank. The entire debt of the National Bank is a liability due to the IMF.

Georgia's debt to several countries is $634,954, of which the external debt formed from the sale of securities is $564,750 whilst that due to international organisations is $2.431 million.