BUSINESS BRIEFS

Foreign debt at 9.7 percent of GDP

SLOVAKIA's foreign debt rose during 2002 to Sk110.8 billion (€2.7 billion), equivalent to 9.7 percent of GDP, according to Finance Ministry figures.

Domestic debt stood at Sk277.6 billion (€6.8 billion), and total debt rose by 5.7 percent year-on-year. By the end of this year the government needs to repay Sk46.3 billion (€1.1 billion) of the foreign debt.

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