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Tuesday, 25 October 2016


Georgian foreign debt increased 50 per cent in 2008

2009-01-16 09:52

In 2008 the foreign debt of Georgia increased by 50,3 per cent and made up USD 2 bln 691.4 mln, the ministry of Finance of Georgia reported to Interfax. In December it increased by USD 195.9 mln ( 7.8 per cent)


According to the Ministry data on November 30th 2008, the foreign debt of Georgia counted USD 2 485 825 thousand (with consideration of exchange rates of November 30th 2008).

The total value of the foreign debt of Georgia and state-guaranteed credits (November 30th 2008) was USD 2 bln 495 mln 556 thousand.

16 countries are bilateral creditors of Georgia; the country owes them USD 517 mln 107 thousand; USD155 mln 713 thousand of them the country owes Germany, USD 119 mln 988 thousand - Russia.

Besides the states, the creditors of Georgia are international instutions. The amount of debt to them counts USD 1 bln 468 mln 717 thousand.


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