Public debt from the point of view of Maastricht, the one that counts for Brussels, decreased in July by 1.4 billion euros compared to the record value reached in June, totaling 279.2 billion euros, the Bank of Portugal (BdP) reported on Thursday.
According to the central bank, this reduction – the first after six consecutive monthly increases – essentially reflected redemptions of debt securities amounting to 1,900 million eurosespecially in the short term.
On the contrary, “deposit and loan liabilities increased by 400 and 200 million euros, respectively”.
In July, State deposits decreased by 3,000 million euros. Once these deposits are deducted, the public debt increases by 1,600 million euros to 254,100 million euros.
In the second quarter of this year, the public debt from the point of view of Maastricht was reduced to 126.7% of the Gross Domestic Product (GDP), 0.3 percentage points less than at the end of the previous quarter, as advanced today the BoP on December 1st August.
In June 2022, public debt amounts to 280,562 million euros209 million euros more than in May.
The next update of the public debt statistics of the Bank of Portugal will be published on October 3.
Source: Observadora
