Daily News: Economics
October 25, 2016
AUDIT SERVICE: DEBT BURDEN INDICATOR IS EXPECTED TO REDUCE BY 0.5 PERCENTAGE POINTS BY LATE 2017, HOWEVER DEBT VOLUME TO GDP WILL STILL EXCEED DETERMINED 40%
State Audit Service stated that debt burden indicator (debt/GDP) is expected to reduce by 0.5 percentage points by end of 2017, but the debt volume to GDP will exceed determined limit of 40% again. Namely, as of data, presented in budget-2016, public debt will reach 42.6% of GDP, while draft budget for 2017 envisages this rate at 42.1% of GDP.
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2.6753 |
0.0043 |
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2.8473 |
0.0086 |
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2.8348 |
0.0075 |
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