Georgia's external debt decreased in July. According to the Ministry of Finance, as of August 1, Georgia had a debt of $ 9.04 billion to foreign creditors, which means a decrease of $103 million in debt in the last 1 month. Of the $ 9.04 billion in debt to creditors, 8.7 billion is government debt. This portfolio has decreased by 98.4 million dollars in the last one month.
Of the 9.04 billion in debt owed to creditors, 8.7 billion is government debt. This portfolio has decreased by $ 98.4 million in the last one month.
The data shows that in July, Georgia paid $ 55.5 million in debt service, of which 39.2 million went to repay the principal and 16.2 million to interest. In July, the amount of funds used was $ 41.2 million.
The largest part of the external debt - $ 6.6 billion - is loans from international financial institutions, such as the Asian Development Bank, the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the World Bank, and others.
