2007News

Government received much money

A report on public debt sent from the Ministry of Treasury to the Senate indicates that the government has received US$777.3 million in external funds, of which US$366.8 million have been directed towards investment opportunities and US$410.5 million towards the budget and a balance of payments. The report also indicates that at the close of the third quarter of 2007 the public sector debt was at US$8.343 billion, which is US$11 million less than in July of this year. This represents a 0.1% decrease in the debt and indicates that the amount represents 25.4% of GDP, base 1970, and 20.6% of GDP base 1991. The debt is made up of US$7 billion to the non- financing public sector and US$1 billion to the financing public sector.