The draft budget of the State for the year 2019 expects a public debt service of about 9,307 MD, against 7,841 MD expected for 2018, up 18.7% (1,466 MD).
External debt service (interest + repayment of principal) increased by 43.8%, from 4,450 MD planned for 2018 to 6,399 MD in 2019.
Domestic debt service dropped by 14.2% to 2,908 MD in 2019, compared with 3,391 MD planned for 2018.
The estimates made in the framework of the state budget for the year 2019 provide for:
– Repayment of tranches of the IMF loan in the order of 1,026 MD.
– Repayment of US $ 485 million bond with US guarantee and $ 250 million of Qatari private placement.
– Repayment of treasury bills in the order of 928.6 MD, divided between Short-Term Treasury Bills (100 MD), assimilated treasury bills -March 2019- (648.4 MD) and a portion of the national bond issue (180.2 MD).