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Albania’s gross foreign debt falls 1.0% in Q2 – table

Albania’s gross foreign debt falls 1.0% in Q2 – table Debts (Author: investopedia.com) License: all rights reserved.

TIRANA (Albania), September 11 (SeeNews) – Albania’s gross foreign debt totalled 8.34 billion euro ($9.2 billion) at the end of June, down 1.0% compared to the value recorded at the end of March, the country's central bank said.

The foreign debt of Albania's commercial banks, general government and central bank all decreased in the second quarter, according to figures released by Bank of Albania on Tuesday.

Details follow (in millions of euro):

  End-June End-March
Total foreign debt 8,339.4 8,420.7
Commercial banks 1,428.2 1,433.7
-short-term debt 1,274.8 1,292.1
-long-term debt 153.4 141.6
General government 3,793.7 3,860.8
-short-term debt - -
-long-term debt 3,793.7 3,860.8
Central bank 56.8 57.6
-short-term debt - -
-long-term debt 56.8 57.6
Other sectors 1,355.3 1,343.5
-short-term debt 387.6 386.1
-long-term debt 967.7 957.4
Direct investment: intercompany lending 1,705.3 1,725.1

Source: Bank of Albania

($=0.90575 euro)

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