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Bulgaria's gross foreign debt falls 0.8% y/y in September

Nov 28, 2019, 1:22:48 PMArticle by Aleksia Petrova
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SOFIA (Bulgaria), November 28 (SeeNews) -  Bulgaria's gross foreign debt totalled 34.2 billion euro ($37.7 billion) at the end of September, down 0.8% year-on-year, the central bank said on Thursday. 

Bulgaria's gross foreign debt falls 0.8% y/y in September
Photo by Dennis Jarvis.

The gross foreign debt at the end of September was equivalent to 57.8% of the projected 2019 gross domestic product (GDP), the Bulgarian National Bank said in a statement.

At the end of September, Bulgaria's external debt was 0.3% higher compared to a month earlier. 

Details follow:

  mln euro pct of GDP pct change y/y pct change m/m
Government 5434.9 9.2 -3.1 0.3
Central bank 0.0 0.0 0.0 0.0
Commercial banks 4619.6 7.8 -0.6 1.3
Other sectors 10860.6 18.4 -1.1 0.0
Direct investment: intercompany lending 13284.6 22.5 0.4 0.2
Total 34199.7 57.8 -0.8 0.3

source: BNB

($ = 0.90794 euro)

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