Bulgaria's Ministry of Finance recently released its official figures on central government debt as of the end of January, which showed total debt at $14.5 billion, a reduction compared to a month prior.

The total figure comprises $3.5 billion in domestic debt, or 24.2 percent, and $11 billion, or 75.8 percent, in external debt. Central government guaranteed debt in January decreased to $241.9 million, with domestic guarantees hitting $36.5 million.

The total central government debt as a fraction of gross domestic product (GDP) bears a ratio of 27.8 percent, with the ratio of domestic debt at 6.7 percent and the ratio of external debt at 21.1 percent. The ratio of central government guaranteed debt compared to GDP is 0.5 percent.

The central government debt figures reported in the official register of government and government guaranteed debt, which the ministry maintains according to Article 39, paragraph 1 of the Government Debt Law, shows government debt at $13.9 million at the end of January, representing a 26.6 percent ratio to GDP.

Domestic debt in the official register is recorded at $3.48 billion and external debt at $10.43 billion; government guaranteed debt was $917.1 million, and domestic guarantees were $36.5 billion.