Industry Watch: Bulgaria's Debt Up to 5.2% of GDP

Industry Watch: Bulgaria's Debt Up to 5.2% of GDP

Bulgaria's state debt has risen by almost 3 percentage points and reached 5.2% of GDP, according to Industry Watch.

As of September, net state debt was risen with some BGN 1.5 B for the year, and has reached BGN 3.5 B.

For last year, net debt was 2.3% of GDP, which marks a significant up in government deficit.

According to Industry Watch information, the Bulgarian state has a total of BGN 10.2 B of debt.

The fiscal reserve was upped BGN 0.5 B August-Sepbember, and has now reached BGN 6.7 B, which is still BGN 1 B less than a year ago.

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