Portugal's debt decreases in H1 2024: central bank

LISBON, Aug. 20 (Xinhua) -- Portugal's net external debt dropped to 50 percent of its gross domestic product (GDP) in the first half of 2024, reaching its lowest level since 2005, according to the Bank of Portugal (BdP) on Tuesday.

The debt stood at 136.9 billion euros (149.6 billion U.S. dollars), down from 142.7 billion euros (155.8 billion dollars) at the end of 2023, which was 53.8 percent of GDP.

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