WorldMoldova's external debt amounted to 68% of GDP

Moldova’s external debt amounted to 68% of GDP


According to preliminary data, Moldova’s gross external debt decreased by 1.2 percent in the first quarter and as of March 31 of this year amounted to USD 8 billion 253.89 million (68 percent of GDP). This is reported by Moldova Inform with reference to the National Bank of the country.

The information provided by the National Bank says that the state and state-guaranteed external debt amounted to 28.6% of the total external debt – US $ 2 billion 360.49 million.

The structure of the state external debt by creditors, as of March 31, shows that the World Bank Group remained the main creditor of the state with a share of 33.2 percent of the total. It is followed by the IMF with 27.3 percent and the EIB with 17.9 percent.

Unsecured private external debt amounted to $ 5 billion 893.40 million, which is 0.6 percent less than on December 31 of last year.

The largest share of the gross external debt balance is long-term debt (71.2 percent), which as of March 31, 2021 amounted to USD 5 billion 874.98 million (1.6 percent less than at the beginning of the year). Short-term external debt decreased by 0.3 percent in the first quarter of this year and as of March 31 of this year amounted to USD 2 billion 378.91 million.

The Anadolu Agency’s website publishes in a shortened form . .(HAS).



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