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Nov 22, 2017 14:16 EEST
November 22 (SeeNews) - Montenegro's central government debt has decreased to 2.490 billion euro ($2.926 billion) at the end of September from 2.499 billion euro at the end of 2016, according to finance ministry data.
The debt was equivalent to 59.26% of the projected 2017 gross domestic product (GDP), down from 63.19% at the end of 2016, data posted on the website of the finance ministry shows.
The foreign debt of Montenegro declined to 2.002 billion euro in the nine months to September from 2.003 billion euro in December 2016, while internal debt rose to 481.32 million euro from 400.2 million euro.
The largest creditor of the Montenegrin government is the European Bank for Reconstruction and Development (EBRD) with 211.15 million euro of debt, followed by the Export-Import Bank of China (EXIM Bank) with 192.09 million euro.
($ = 0.8511 euro)
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