Slovakia's net foreign indebtedness was $4.1 billion at the end of 1998, up $2.2 billion since the beginning of the year. The National Bank of Slovakia (NBS) released this information on April 7.
The country's gross foreign indebtedness is 11.8 billion crowns. Net foreign indebtedness is calculated by then accounting for liabilities of the National Bank of Slovakia (NBS), NBS's foreign exchange reserves, foreign assets of commercial banks, the government and the corporate sector., and foreign assets totalling $7.7 billion.
The indebtedness of the corporate sector was $9.293 billion. The debt of municipalities totalled $56 million. The debt of government agencies was $48 million.
Within the structure of total gross foreign indebtedness, total mid- and long-term foreign liabilities equalled $7.223 billion. The total short-term debt accounted for $4.581 billion.
The total gross foreign debt per capita was $2.191. The share of total short-term debt of the total gross foreign debt of the country was 38.81%, down 2.51% in December compared with the previous month.
12. Apr 1999 at 0:00 | SITA