TITLE

External Debt Controlled

PUB. DATE
May 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;May2007, Vol. 14 Issue 5, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article assesses the slow down of the growth rate of the external debt of Czech Republic in 2006. The country's foreign liabilities was estimated to account for 39.6% of its 2006 gross domestic product. Based on the article, the growth rate of Czech's debt slowed down because its government decreased its external borrowing, as well as the other sectors. The article predicts that the country's external debt will continue to rise in 2007, but at a slower rate of 6.0%.
ACCESSION #
24768316

 

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