Debt Balance of Moldova Increases by 14%
OREANDA-NEWS. November 12, 2013. As InfoMarket was informed in the Ministry of Finance, it is expected that the share of public debt in GDP will increase by 0.6 percentage points - from 24.1 % in late 2012 up to 24.7 % at the end of 2013.
The share of the external debt will amount to 72.3 % and the domestic debt - 27.7%, respectively. As it is planned, as of late 2013, the net domestic public debt will amount to 6 billion 675.8 million lei, and its share in GDP - 6.8%.
Domestic public debt will grow by 230.1 million lei. The balance of the external debt will not exceed 17 billion 466 million lei (USD 1 billion 333.3 million) and the net external debt guaranteed by the government will amount to 20.9 million lei (USD 1.6 million).
The share of the external debt in GDP will make 17.9%. The balance of foreign debt will grow by 951.8 million lei, mainly due to the increase in the exchange rate of U.S. dollar vs. Moldovan lei, which as of late December will make 13.1 lei per dollar instead of the earlier predicted rate of 12.32 lei.
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