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Posts Tagged ‘foreign debt’

IMF on dynamics of Serbia’s foreign debt

The IMF has stated in its latest report on Serbia that the dynamic of the country’s foreign debt has largely remained unchanged compared to the previous report. According to the IMF current projections, Serbia’s total foreign debt will reach no more than 77.5 percent of the GDP in 2010.

How indebted is Serbia?

While the government claims that the state is not too far in debt, some experts are warning that Serbia has reached the level of a seriously indebted country. During last year and the first two months of 2010, Serbia’s foreign debt was increased by five percent.

Foreign debt reaches USD 33.26bn

Serbia’s foreign debt reached USD 33.26bn at the end of November 2009 – 2.7 percent up compared to a month earlier. The figure also means there was a 8.3 percent increase compared to the end of 2008, Head of the Market Research Institute (IZIT) Miloje Kanjevac said on Wednesday.

Dire warnings as Serbia’s debt grows

Serbia’s foreign debt reached USD 30.67bn at the end of June this year, almost tripling since 2000. Institute for Market Research (IZIT) Director Miloje Kanjevac said in Belgrade on Saturday that the overall public sector debt in this period grew to USD 10.24bn from USD 8.8bn.