Moldova Foreign State Debt Increased 1,9% in 1Q
OREANDA-NEWS. April 25, 2011. In comparison with the same period last year, the country’s foreign state debt in January-March this year grew USD 146.97 million (14.8%), according to the Ministry of Finance.
The foreign state debt as of January 1, 2011 totaled USD 1,116.18 million, as of end-March last year - USD 990 million. In 2010, Moldova’s foreign state debt increased by USD 342.5 million (44.3%), constituting 18.9% of the country’s GDP.
The Ministry of Finance projects that the foreign state debt by end-2011 will amount to USD 1,204.6 million and will increase by about USD 88.4 million in comparison with the indicator as of the end of 2010. It is planned that the share of Moldova’s foreign state debt in the GDP structure as of the end of 2011 will make up 18.3% and will reduce by 0.6 percentage points in comparison with the indicator as of the end of 2010.
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