Serbia’s public debt went up by 250.7 million euros from the end of August to the end of September, reaching 35.5 billion euros at the end of October. The share of central government debt in GDP therefore amounted to 51.3 percent at the end of September 2023.
On the list of the largest creditors of Serbia, buyers of Eurobonds rank first, to which the state owes a total of 8.9 billion euros, according to data from the Public Debt Administration.
The analysis of public debt shows that buyers of long-term state securities (in dinars), to which Serbia owes 6.8 billion euros, rank second and in third place are loans that Serbia got from foreign governments (Serbia’s debt is 3.4 billion euros).
In fourth place is the Chinese Export-Import (EXIM) bank, from which Serbia borrowed around 2.5 billion euros, followed by loans granted to the Serbian government by commercial banks in the amount of 2.5 billion euros.
The International Monetary Fund (IMF) is in sixth place, to which the country owes 2.4 billion euros.
Next is the International Bank for Reconstruction and Development (IBRD) to which Serbia owes 2.2 billion euros, followed by the debt from long-term state securities in euros (1.9 billion euros). Also, Serbia owes 1.8 billion euros to the European Investment Bank (EIB).
The state owes 572 million euros to the Development Bank of the Council of Europe, 565 million euros to the European Bank for Reconstruction and Development (EBRD), other liabilities amount to 484 million euros, and the debt to the Paris Club of creditors amounts to 417 million euros.
The share of public debt in the national GDP in euros is 58.1 percent and in US dollars 13.8 percent.
(Biznis i Finansije, 08.11.2023)
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