Serbian government debt reached 10,5bn E

Belgrade, June, 18. 2010 (Serbia Today) - Serbia's government debt reached EUR 10.54bn at the end of May, which is 31.9 percent of the GDP, the Finance Ministry announced. Serbia's public debt aggregated to EUR 9.85bn at the end of 2009, which means that it was increased by EUR 691mn during the first five months of 2010, the ministry's website said. At the end of April 2010, Serbia's national debt was EUR 10.39bn, which means that during May it augmented for around EUR 150bn. Serbian direct liabilities totaled EUR 9.13bn at the end of May, with the internal and external debt reaching EUR 4.22bn and EUR 4.91bn respectively. The country's contingent liabilities totaled EUR 1.41bn at the end of May 2010. Serbia's government debt amounted to EUR 8.78bn at the end of 2008, which was 25.6 percent of the GDP.