Serbia's public debt 57.7 % of GDP at end of March

Serbia's public debt at the end of March amounted to EUR 19.39 billion that is 57.7 percent of the GDP, the Ministry of Economy and Finance has released in a statement. At the end of 2012, the public debt stood at EUR 17.67 billion, meaning that in the first three months of 2013 it went up by EUR 1.72 billion.

At the end of March, Serbia's direct liabilities amounted to around EUR 16.61 billion with internal debt of around EUR 6.67 billion and external debt of EUR 9.94 billion. The indirect liabilities at the end of March totaled EUR 2.78 billion.

According to the Ministry's data, the public debt at the end of 2012 was EUR 59.3 percent of the GDP, 2011 - 48. 2 percent, 2010 - 44.5 percent, 2009 - 34.8 percent, and 2008 - 29.2 percent.

Source: tanjug.rs