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Issue of Georgia’s foreign loan

By Messenger Staff
Tuesday, July 5
In the first quarter of this year, Georgia’s foreign debt increased and had exceeded USD 10 bln, according to official data. From this amount, around USD 3.5 bln is a state loan. The fact that the state loan only makes up around a third of the total debt is deemed to be positive, but still the overall amount of debt is serious and analysts are concerned that this figure is more likely to rise than to fall in the near future.