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Georgia’s foreign debt decreasing for second month

Finance Materials 19 August 2021 11:23 (UTC +04:00)
Georgia’s foreign debt decreasing for second month

BAKU, Azerbaijan, August 19

By Tamilla Mammadova – Trend:

Georgia’s foreign debt is decreasing for the second month, Trend reports via Georgian Finance Ministry.

After a $22 million decline in June, the volume of foreign liabilities decreased by another $14 million in July compared to the previous month.

However, the dynamics of the country's external debt is still increasing (by $1.4 billion) and as of July 31 exceeded $8.002 billion.

The growth has slowed as in June 2021 it increased by $1.874 billion compared to June 2020.

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