The value, in dollars, of domestic debt held by state-owned enterprises (SOE) in the fiscal year 2024/25. It represented a 95.5pc drop from the year earlier, revealing a major balance-sheet transfer and reclassification. The federal government issued 845.3 billion Br in 10-year securities to clear CBE claims on LAMC and EEP debt and restructured large social-security treasury-bill holdings into long-term government bonds. Debt moved from SOE books to the sovereign balance sheet, while the exchange-rate shift further compressed the dollar value of domestic liabilities.
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