At End-May Central Government Debt Accounted for 38.6% of the Projected GDP for the Current Year

Vilnius, 30 June. According to the data by the Ministry of Finance, at the end of May of the current year central government debt was EUR 14.877 billion or 38.6% of the projected GDP for 2016 (EUR 38.528 billion).

At the end of May central government foreign debt made up 75.3% of total central government debt: central government was indebted to foreign financial institutions EUR 9.471 billion, international organisations – EUR 1.732 billion.

At end-May central government domestic debt accounted for 24.7% of total debt: central government was indebted to domestic financial sector EUR 3.080 billion, non-financial sector – EUR 0.065 billion,  and other creditors – EUR 0.529 billion.

Total long-term central government debt was EUR 14.803 billion (99.5% of total debt), short-term debt – EUR 0.074 billion (0.5%).

At the end of May this year the structure of central government debt by currency was as follows: in euro – 64.2%, US dollar – 34.7%, Swiss franc – 1.1%.

Taking into consideration the financial derivatives applied, in May the debt totalled EUR 14.005 billion. It accounted for 36.4% of the projected GDP for 2016.

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