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May 30, 2023 13:25 EEST
May 30 (SeeNews) - Bulgaria's gross external debt totalled 45.3 billion euro ($48.5 billion) at the end of March, increasing by 9.4% year-on-year, after rising by an annual 8.6% in February, the central bank said on Tuesday.
At the end of March, gross external debt was equivalent to 50.1% of the gross domestic product (GDP) forecast for 2023, the Bulgarian National Bank (BNB) said in a monthly report.
In March 2022, Bulgaria's foreign debt was equivalent to 48.9% of last year's GDP.
At 9.6 billion euro, the general government's gross foreign debt in March was 27.2% higher than a year earlier and was equivalent to 10.7% of this year's projected GDP.
Below are details of Bulgaria's gross foreign debt as of end-March:
($ = 0.9333 euro)
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