CORPORATE NEWS

Foreign debt down to $10.45 billion

Slovakia's overall gross foreign debt was $10.45 billion at the end of March, slightly down from $10.5 billion at the end of February, the NBS said on June 12. The debt totalled $9.9 billion at the end of 1997. The combined government and central bank debt totalled $1.73 billion, while foreign debt in the financial and corporate sector totaled $8.671 billion. Municipal debt dropped to $49 million. The NBS said overall short-term debt edged up to reach $4.723 billion, while medium and long-term debt edged down to $5.726 billion. Foreign debt per capita slipped to $1,972 at the end of March from $1,982 at the end of February.

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