'%20id='ico-down'%20stroke='%23000000'%20stroke-width='1.5'%3e%3cg%20transform='translate(1092.250000,%20254.750000)'%3e%3cpolyline%20id='Path-2-Copy-4'%20transform='translate(5.500000,%202.750000)%20scale(1,%20-1)%20rotate(-180.000000)%20translate(-5.500000,%20-2.750000)%20'%20points='0%200%205.5%205.5%2011%200'%3e%3c/polyline%3e%3c/g%3e%3c/g%3e%3c/g%3e%3c/svg%3e){kind=small}
Despite the Treasury paying off chunks of its IMF loan, Portugal’s public debt increased further to the end of July as it nears a landmark €250 billion.
According to the Bank of Portugal, the nation’s public debt stood at €249.165 billion at the end of July, an increase of €81 million over June which is not a steep month-on-month rise but sets a new record for a government that continues to announce to the world that its finances are in order.
———–
© algarvedailynews.com
The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.
——————-