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View Full Version : Foreign debt up US$1.82 billion in 2008



NewsWhore
03-06-2009, 02:40 PM
The Central Bank annual report indicates that the public foreign debt increased US$1.817.1 million in 2008. As of 31 December 2007, the foreign debt was US$8.549.6 million, increasing to US$10,366.7 million in 2008. This is 22.5% of the Gross Domestic Product. The debt is made up by US$9.283 million of the non financial public sector and US$1.083.7 million of the financial public sector. The financial public sector covers monetary and non-monetary institutions and the non-financial public sector covers the central government, states/provinces and local government authorities and non-financial state enterprises.
According to the report, 28.8% of the debt is with multilateral organizations and 44.7% with bilateral financing organizations, 26.5% is with private financial organizations, and 6.89% with commercial banks, 19.5% with bond financiers (sovereign and Brady bonds) and 0.1% with suppliers.
See www.finanzas.gov.do (http://www.finanzas.gov.do/)

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