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Bulgariaʼs gross foreign debt up in August

Debt

Photo by Anita Ben/Shutterstock.com

Bulgariaʼs gross foreign debt totaled EUR 36.0 billion at the end of August, up 3.4% year-on-year, the central bank said on Wednesday.

Photo by Anita Ben/Shutterstock.com

The gross foreign debt at the end of August was equivalent to 63.5% of the gross domestic product (GDP) projected for 2020, the Bulgarian National Bank said in a statement. At the end of August, Bulgariaʼs external debt was 2.4% higher compared to the end of 2019.

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