The short-term external debt stock surged by 10.6% to USD 134.5bn at the end of May, as compared to the end of 2021, according to the Central Bank.
The banks’ short-term external debt stock rose by 9.2% to USD 56.1bn and the short-term external debt of other sectors increased by 10.9% to USD 49.0bn in the same period.
The short-term external debt of the public sector consisting primarily of public banks, climbed by 9.5% to USD 24.3bn while the private sector’s short-term external debt rose by 10.1% to USD 80.8bn at the end of May, compared to the end of 2021.
The remaining maturity-based short-term external debt stock totaled USD 182.3bn at the end of May.
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