Lithuania Government Debt Shrinks in October to 37.5% of GDP

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Lithuania’s central government debt shrank to 37.5 percent of this year’s projected gross domestic product at the end of October, 0.4 percentage points less than a month earlier, the Finance Ministry said.

The Baltic nation’s total state debt at Oct. 31 was 42.1 billion litai ($15.9 billion), the ministry in Vilnius, the capital, said on its website today. That compared with 41.8 billion litai, or 37.9 percent of GDP, at the end of September. The proportion of debt that was long-term was unchanged in the month at 97 percent.