Public debt from the perspective of Maastricht, which is considered Brussels, fell in February by 10.261 million euros year on year, to 268.512 million euros, the Bank of Portugal (BdP) reported this Monday.
Compared to January, central bank data shows the cost of debt fell by almost 2.179 million euros.
According to BdP, the evolution of the chain “mainly reflected a reduction in debt securities (-2 billion euros), mainly long-term, and deposit liabilities (-200 million euros).”
General government deposits fell by about EUR 3,600 million compared to January. Excluding these deposits, public debt increased by 1.5 billion euros, to almost 253.942 million euros.
On an annualized basis, public debt, subtracted from general government deposits, fell by €3.966 million in February.
On May 2, the BJP will update the government debt statistics.
Author: Lusa
Source: CM Jornal
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