BERLIN, Jan. 19 (Xinhua) -- Germany's federal government took on significantly less debt last year than originally estimated, the Ministry of Finance (BMF) said on Tuesday.
The country's net new debt was 130.5 billion euros (158.4 billion U.S. dollars) due to "comparatively positive economic, labor market and income developments," according to the preliminary budget published by the BMF.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!