SOFIA (Bulgaria), November 28 (SeeNews) – Bulgaria's gross foreign debt fell by an annual 2.0% to 32.88 billion euro ($39.1 billion) at the end of September, the central bank said on Tuesday.
The gross foreign debt was equivalent to 65.5% of the projected 2017 gross domestic product (GDP), down from 69.7% of GDP at the end of September 2016, the Bulgarian National Bank (BNB) said in a statement.
Month-on-month, Bulgaria's external debt edged down 0.1% in September.
Details follow (in millions of euro):
| |
end-Sept |
pct of GDP |
pct change y/y |
pct change m/m |
| Government |
6,003.3 |
12 |
-7.5 |
-0.4 |
| Central bank |
0 |
0 |
0 |
0 |
| Commercial banks |
4,272.2 |
8.5 |
16.3 |
0.4 |
| Other sectors |
10,554.3 |
21 |
-2.9 |
0.5 |
| Direct investment: intercompany lending |
12,050.0 |
24 |
-3.7 |
-0.6 |
| TOTAL |
32,879.8 |
65.5 |
-2.0 |
-0.1 |
source: BNB
($=0.8411 euro)