Structure analysis of total debt in Republic of Srpska
Structure analysis of total debt in Republic of Srpska
Author(s): Branimir Kalaš, Vera MirovićSubject(s): Economy, National Economy, Micro-Economics, Public Finances
Published by: Finrar d.o.o Banja Luka
Keywords: public debt; structure; level; Republic of Srpska;
Summary/Abstract: The public debt level is one of the current topics in the global public finance, where many countries have faced with a increased public debt. Accordingly, debt management is an issue for makers of economic policy in the context of maintaining long-term macreconomic stability. The subject of the paper is an analysis of macroeconomic framework and public debt in Republika Srpska for the period 2014- 2018 from the point of level, strucutre, maturity and types of instruments. The results have shown that share of total debt is 37.60% of gross domestic product, which is much less than legal limit of 55% of gross domestic product. The structure of total debt is predominantly defined in long-term debt, where almost 50% of debt is denominated in euro in 2018.
Journal: Financing - naučni časopis za ekonomiju
- Issue Year: 10/2019
- Issue No: 3
- Page Range: 73-83
- Page Count: 20
- Language: English, Serbian