Definition: |
- The general government debt is the amount of consolidated liabilities of the general government sector comprising the following items: received deposits, issued debt securities, and received loans. In case of foreign exchange debt instruments hedged against the currency risk, the value in CZK is obtained by means of the contractual exchange rate.
The consolidated debt of the general government is compared to GDP in current prices (as a sum of four previous quarters of GDP). The indicator is not seasonally adjusted, therefore, a given quarter cannot be compared with other quarters of the same year. It is more suitable to compare a given quarter with the same quarter of previous years. The indicator is preliminary and may be revised later.
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