NewsWhore
06-18-2008, 05:50 PM
The national debt climbed by 3.3% during the first quarter of 2008, according to figures from the Ministry of Hacienda. The absolute increase equaled US$280 million. The national debt amounts to 20.8% of the GDP for 2008 and is made up of US$7.757 billion in non-financial public sector debt and US$1.091 billion in debt from the financial sector. The foreign debt makes up 87.5% of the total and the increase in the foreign portion was US$176 million from the end of 2007.
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