ROME (ITALPRESS) – In 2020 the net debt of the Public Administrations (-156,860 million euros) was equal to 9.5% of GDP, up by about 129 billion compared to 2019 (-27,901 million euros, corresponding to 1.6% of GDP). The primary balance (net debt net of interest expenses) was negative and equal to -6% of GDP, with a worsening of 7.8 percentage points compared to 2019. Interest expenditure, which according to the current accounting rules it does not include the impact of swap transactions, it was equal to 3.5% of GDP, with an increase of 0.1 percentage points compared to 2019. This was reported by Istat. At the end of 2020, the public debt, measured gross of the liabilities associated with financial support interventions in favor of EMU Member States, was equal to 2,573,386 million euros (155.8% of GDP). Compared to 2019, the ratio of PA debt to GDP increased by 21.2 percentage points. (ITALPRESS). mgg / ads / com 22-Apr-21 20:47
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