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In October Central Government Debt Represented 15.2 % of the Projected GDP

Date

2006 11 30

Rating
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Vilnius, November 30, 2006. According to the data presented by the Ministry of Finance, in October central government debt narrowed by LTL 300.8 million and in end-month made up LTL 12.4 billion, and it represented 15.2 % of the projected GDP for 2006.

In October central government domestic debt decreased by LTL 277.2 million and in end-month made up LTL 3.8 billion (i.e. represented 30.5 % of total debt). Central government was indebted to domestic financial sector LTL 3.6 billion, non-financial sector – LTL 100.9 million, other creditors – LTL 47.3 million.

During the month central government foreign debt narrowed by LTL 23.5 million and made up LTL 8.6 billion (i.e. represented 69.5 % of total debt). Central government was indebted to foreign banks and other financial institutions - LTL 8 billion, international organisations – LTL 0.6 billion.

Total long-term central government debt was LTL 11.9 billion (i.e. accounted for 96 % of total debt), short-term – LTL 0.5 billion (i.e. represented 4 % of total debt).

 

Public Relations Division