State debt up to 1.217 trillion crowns in Q1
The state debt of the Czech Republic rose in the first quarter of this year to 1.217 trillion crowns, or 58.2 billion US dollars, according to revised figures released by the Czech Finance Ministry on Tuesday. Debt per capita has reached 116,000 crowns. While the Czech Republic’s internal debt rose by 37.5 billion in the first quarter of 2010, its external debt dropped by 1.1 billion. This year, the Finance Ministry plans to borrow another 280 billion crowns.