Portugal’s public debt edges down in March

May 4, 2020

   LISBON, May 4  -- Portugal's public debt fell to 254.8 billion euros (277.73 billion U.S. dollars) in March, a decrease of nearly 0.6 billion euros compared to the previous month, said Portugal's central bank on Monday.
   The reduction "was mainly driven by a decrease in debt securities and deposit liabilities," the Bank of Portugal (BdP) explained in a statement published on its website.
   The public debt had increased to over 256 billion euros in January and February, the highest level since May 2019. Portugal has recorded a decline of public debts in consecutive years. ( 1 euro = 1.09 U.S. dollars)  Xinhua

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