Eurostat: General government debt drops to 49.4% of GDP in Q3

The debt of Polish national and local government institutions declined to 49.4 percent of GDP in Q3, compared to 50.4 percent in Q2 and 51.9 percent in Q3 of 2017, Eurostat reported.

Nominally, the sector's debt amounted to PLN 1.02 trillion in Q3 last year. In Q2 of 2018 and Q3 of 2017, the debt stood at PLN 1.03 trillion and PLN 1.01 trillion respectively.