Georgian Ministry of Finance announced that the amount of Georgia’s external debt and loans taken under state guarantee totaled $4.376 billion as of November 30, 2012.
Georgia’s public debt has increased by $176.1 million since early 2012. Around $3.954 billion of the total sum is the Georgian government’s debt.
Note, Georgia has 17 countries as bilateral creditors. The country’s total debt is $715.013 million. The creditor countries are: Austria ($8.518 million), Azerbaijan ($13.035), Turkmenistan ($211,000), Turkey ($24.909 million), Iran ($10.189), Russia ($107.395 million), Armenia ($15.516 million), Uzbekistan ($323,000), Ukraine ($295,000), Kazakhstan ($27.774 million), China ($4.825 million), Germany ($313.859 million), Japan ($87.45 million), Kuwait ($24.181 million), the Netherlands ($4.795 million), the U.S. ($32.178 million) and France ($39.560 million).
Moreover, Germany is Georgia’s creditor. A loan was taken from the country under a state guarantee worth $3.095 million.