Arab Today, arab today french q1 public debt jumps to 936 of gdp
Last Updated : GMT 21:07:11
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French Q1 public debt jumps to 93.6% of GDP

Arab Today, arab today

Arab Today, arab today French Q1 public debt jumps to 93.6% of GDP

French debt
Paris - XINHUA

The French public debt widened by 45.5 billion euros (62.12 billion U.S. dollars), hitting 93.6 percent of gross domestic product (GDP) in the first quarter of the year, official data showed on Monday.
According to Insee statistics bureau, France reported a total of 1.985 trillion euros of debt at the end of June, pulling the debt ratio to the GDP up by 1.8 percentage points from last three months of 2013.
First quarter's rise stemmed mainly from 43.3 billion euros growth in the state debt over the period while cost of social security funds rose by 4.6 billion euros to 216.3 billion euros at the end of March, it said. (1 euro = 1.365 U.S. dollar)

 

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