External Loans Amounted to USD116,29 mn in 1Q in Moldova
OREANDA-NEWS. July 05, 2013. It is 2.8 times less than in Q4, 2012 and 2.4 times less than in Q1, 2012, NBM reports. About USD96.27 million or 82.8% of a total amount of loans attracted in Q1, 2013 were long-term loans. Short-term ones made up USD 20.02 million or 17.2%.
In the reporting period, authorities of Moldova, including local ones, attracted new loans amounting to USD 10.09 million from international organizations. In particular, they received USD 4.8 million from the International Development Association, USD 2.08 million from the International Fund for Agricultural Development, USD 1.75 million from the International Finance Corporation and USD 1.46 million from other lenders.
In the reporting period, Moldova’s authorities paid for credits they received earlier USD 16.81 million. In January-March, 2013, the National Bank of Moldova paid USD 3.3 million for credits provided by the International Monetary Fund, the disbursement of the following tranche being postponed. Banks and economic entities of other sectors of the national economy attracted loans at an amount of USD 106.2 million, 2.6 times down as compared with Q4, 2012 and 1.8 times down against Q1, 2012.
Banks of Moldova attracted foreign loans at an amount of USD 25.38 million, 1.8 times down as compared with Q4, 2012 and 4.1 times down against Q1, 2012. In the reporting period they paid for loans USD 37.08 million against USD 41.27 million paid in Q4, 2012 and against USD 70.35 million paid in Q1, 2012. Economic entities form other sectors of the national economy attracted new loans amounting to USD 80.82 million against USD 119.61 million and \\$ USD 89.52 million attracted in Q4, 2012 and Q1, 2012 respectively.
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