Wipe our Debt.jpg
Photograph: Photo by Images Money, used under CC BY-SA

Croatia's public debt at the end of April 2016 went down to HRK 285.1 billion, recording a decrease both on the month and on the year, Raiffeisen Bank Austria (RBA) said in its analysis on Wednesday.

The public debt was down HRK 2.9 billion on the month (-1%), which makes April the third consecutive month to record a decrease.

"With a lower level of HRK 5.3 billion, the annual decrease rate of the public debt in April accelerated to 1.8%," RBA said in its report commenting on figures released by the Croatian National Bank (HNB).

(EUR 1 = HRK 7.47)

Related stories

RBA: Public debt in October 2016 down to HRK 287.4 billion

HNB: Public debt at end June HRK 285.7 bln

Foreign debt in April drops over 10 pct annually

Bank deposits in Croatia reach nearly HRK 252 bn

Croatia's gross foreign debt cut by 9.4% to 42.4 bln euro

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