Public debt from the Maastricht perspective, which counts for Brussels, fell by 5.007 billion euros in July year-on-year to 275.910 billion euros, the Bank of Portugal (BdP) announced today.
Compared to June, public debt fell by 2.119 billion euros.
According to data published today by the Portuguese central bank, the drop “mainly reflected the reduction in debt securities (-2,000 million euros), mainly short-term”.
Assets in general government deposits totaled 16.8 billion euros in July, an increase of 2.8 billion euros compared to June.
Deducting these deposits, public debt fell by 4.9 billion euros in July compared to the previous month, to 259.2 billion euros.
At the end of the second quarter of this year, public debt totaled 101.5% of Gross Domestic Product (GDP), an increase of 1.1 percentage points over the previous quarter, according to data released in August by the BdP.
The BdP will release public debt figures again on October 1st.
