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Georgia's public external debt increases

Finance Materials 14 September 2019 11:50 (UTC +04:00)

Baku, Azerbaijan, September 14

By Tamilla Mammadova – Trend:

Georgia’s public external debt exceeded $5.38 billion, or 15.87 million lari as of August 31, 2019, which is $26 million more than in July 2019, Trend reports with reference to the National Bank of Georgia.

This amount is $219 million more compared to August 2018.

As of August 2018, Georgia’s public external debt amounted to $5.16 billion, or 13.33 billion lari.

According to the report, Georgia’s public external debt exceeded $5.36 billion, or 15.81 billion lari, as of July 31, 2019.

The largest creditors of Georgia are Asian Development Bank (ADB), International Development Association (IDA) and International Bank for Reconstruction and Development (IBRD).

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