OREANDA-NEWS. July 22, 2011. In comparison with the same period last year, the debt grew USD 183.21 million (18.5%), the country’s Finance Ministry reports.

The foreign state debt growth in the first half year was determined by foreign loans exceeding the amount of payments to serve the foreign debt by USD 21.37 million and by the positive change in the USD exchange rate against other currencies in the amount of USD 36.12 million. According ot the Ministry of Finance’s data, the country’s foreign state debt as of January 1, 2011 totaled USD 1,116.8 million, as of the end of June last year - USD 990.46 million.

In 2010, Moldova’s foreign state debt grew USD 342.5 million (44.3%), making up 18.9% of the country’s GDP. The Ministry of Finance projects that the foreign state debt by the end-2011 will total 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.

The share of Moldova’s foreign state debt in the GDP structure as of the end of 2011 is planned to make up 18.3% and to go down 0.6 percentage points in comparison with the indicator as of the end-2010.