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N. Macedonia's gross foreign debt up 6.6% y/y in Q1

Jun 28, 2024, 1:31:18 PMArticle by Dragana Petrushevska
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June 28 (SeeNews) - North Macedonia's gross foreign debt totalled 11.8 billion euro ($12.6 billion) at the end of March, up 6.6% year-on-year, the central bank said on Friday.

N. Macedonia's gross foreign debt up 6.6% y/y in Q1
Toshe Ognjanov/Shutterstock.com

Gross foreign debt at the end of the first quarter was equivalent to 81% the gross domestic product (GDP) projected for 2024, the central bank said in a statement.

Compared with the previous three-month period, North Macedonia's gross foreign debt was up 2.9% at the end of March.

The country's net foreign debt totalled 4.3 billion euro at the end of March, up 3.6% on an annual comparison basis.

($ = 0.934 euro)

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