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Albania's gross foreign debt rises 7% y/y in Q1

Jun 10, 2024, 12:11:17 PMArticle by Genta Hodo
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June 10 (SeeNews) - Albania's gross external debt increased to 10.36 billion euro ($11.15 billion) at the end of the first quarter of 2024, from 9.66 billion euro a year earlier, central bank figures showed on Monday.

Albania's gross foreign debt rises 7% y/y in Q1

On a quarterly comparison basis, gross foreign debt rose 2% at the end of March compared to the end of December 2023, Albania's central bank said in a data release.

Details on Albania's foreign debt follow (in billions of euro, unless stated otherwise):

Q1 2024 Q4 2023 Q1 2023
General government 4.876 4.942 4.609
Central bank 0.224 0.220 0.224
Other monetary financial institutions 2.041 1.866 1.690
Other sectors 1.553 1.460 1.463
Direct investments 1.667 1.658 1.678
Total 10.361 10.147 9.664

($=0.929 euro)

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