October 5 (SeeNews) - Macedonia's long-term foreign debt rose to $2.271 billion (1.612 billion euro) at the end of August from a revised $2.256 billion a month earlier, preliminary central bank data showed on Friday.
Macedonia's fresh borrowing in the first eight months of the year totalled $470.94 million. The country paid $484.39 million to service its long-term foreign debt in the same period.
In July, the country repaid early 7.7 million euro ($10.9 million) of debt it owed to Italy, part of its debt to the Paris Club of government creditors. It also plans to pay back ahead of schedule $137 million of its debt to the European Investment Bank (EIB) and the World Bank.
MACEDONIA LONG-TERM FOREIGN DEBT (in millions of U.S. dollars):
|
|
August |
July* |
Dec'06 |
| PUBLIC SECTOR |
1,378.88 |
1,381.28 |
1,607.26 |
| CONSOLIDATED GOVERNMENT |
1,174.14 |
1,173.37 |
1,350.17 |
| CENTRAL GOVERNMENT |
1,120.30 |
1,120.93 |
1,293.18 |
| LONG-TERM DEBT |
2,271.95 |
2,256.95 |
2,347.52 |
| SHORT-TERM DEBT |
176.28 |
170.90 |
63,23 |
| TOTAL DEBT |
2,448.23 |
2,427.85 |
2,410.75 |
(*) denotes revised figures
NOTE: Macedonia's central bank does not issue debt/GDP, debt service/GDP or short-term debt/GDP ratios. The bank revises the foreign debt statistics on a monthly basis before it issues its final annual report.
($ = 0.7098 euro)