Drop in Panama's debt expect at the end of 2008
Even though the public debt has gone up $383 million so far this year, all seems to indicate that this increase could be reversed by the close of this year.
Tuesday, August 19, 2008
Some private sector analysts are betting that the total will decrease.
This indicator has fallen 26 points since 2000 and the current public debt of the State is $13,663.9 million.
The balance of public debt as of September 30 reached $21 billion, while current state revenues cover 10 times its obligations for interest and fees.
Preliminary figures indicate public debt in 2010 closed at $ 11.585 million, $ 613 million more than in 2009.
The public debt of El Salvador would reach $3.67 billion in 2010, or 16.9% of its gross domestic product (GDP).
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