BAKU, Azerbaijan, June 29
By Tamilla Mammadova – Trend:
The gross external debt of Georgia amounted to $18.3 billion as of March 31, 2020, Trend reports via the National Bank of Georgia (NBG).
During the first quarter of 2020, the gross external debt of Georgia decreased by $350.9 million.
Out of this amount, $318.6 million decrease was due to exchange rate changes, $179 million decrease was due to price changes, $29.4 million decrease - due to other changes, while transactions lead external debt increase by $176.1 million.
Public sector external debt amounted to $7.8 billion or 44.1 percent of GDP, out of which, the debt of the government amounted to $5.7 billion or 32.3 percent of GDP.
External liabilities of the National Bank of Georgia amounted to $443.9 million or 2.5 percent of GDP and, the bonds and loans of public enterprises were respectively $755 million or 4.3 percent of GDP and $876.4 million and 5 percent of GDP.
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