Public debt rises in July to €248.2 billion

By TPN/Lusa, in Business · 06-09-2018 10:08:00 · 0 Comments

Portugal’s public debt rose in July to €248.2 billion, the Bank of Portugal earlier this week.

According to figures released by the country’s central bank, debt rose by €1.6 billion compared to the end of June, when the country’s debt had reached a record low since March this year.
Public debt reached its highest level at the end of May when it totalled €250.3 billion.

Portugal is aiming for 2.3 percent growth next year and a deficit of 0.2 percent of GDP, as well as reducing public debt to 118.4 percent.



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