Saturday, June 14, 2008

The rise of external debt to 32 billion dollars in 6 months

(Alwafd)

Foreign government debt rose during the first six months of the current fiscal year. Total debt at the end of December 2007 about 32.8 billion U.S. dollars, accounted for 13.4% This amount represents 20.8% of GDP, compared to about 29 billion dollars, representing 22.6% of output in the previous year.

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