4.075 trillion dollars in Britain’s public debt

London, August 21 / WAM / The public debt of Britain increased by the end of last July to 3.029 trillion pounds “4.075 trillion US dollars”.
The British Statistical Office confirmed in a report issued today, that the value of public debt, including the debts of the Central Bank of England, reached 96.1 percent of the country’s annual economic product at the end of last July, which represents an increase of 0.5 percent compared to the same period last year.
The report said that the benefits paid on public debt reached the end of last July 41.4 billion pounds “55.7 billion US dollars”, an increase of 8.7 billion pounds “11.7 billion US dollars” for the same period in 2024.
He added that the government borrowing between April and July last reached 60 billion pounds “80.7 billion US dollars”, an increase of 6.7 billion pounds “9 billion US dollars” for the same period last year.

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