Home / Business / Georgia’s External State Debts Mark 4.3 billion USD
Money

Georgia’s External State Debts Mark 4.3 billion USD

Georgia’s external state debts constituted 4.3 billion USD (10.632 billion GEL) as of February 1, 2016.

The government’s external debts marked 4.281 billion USD, including the Government owes 3.055 billion USD liabilities to multilateral creditors and 723.7 million GEL to bilateral creditors, the Georgian Finance Ministry’s statistics reports.

The National Bank of Georgia (NBG) owes 19.327 million USD to the International Monetary Fund (IMF).

In January 2016 the state debts shrank 14 million USD, while the state debts recorded 4.315 billion USD in December 2015, the government’s external debts constituted 4.295i billion GEL and the NBG liabilities amounted to 19.4 million USD.