Moldova’s state debt on March 31, 2023 was 96.6 billion lei, representing 34.3% of the GDP, IPN reports, with reference to the National Bank of Moldova.
In annual terms, the state debt rose by 22.6% following a 3.4% rise in the domestic state debt and a 19.2% rise in the foreign state debt recalculated in national currency.
On March 31, 2023, the foreign state debt constituted 63.9% of the GDP, while the domestic state debt repesented 36.1% of the GDP. The foreign state debt was US$3.352,8 billion. Recalculated in national currency, this was 61.7 billion lei or 21.9% of the GDP. The internal state debt was 34.9 billion lei or 12.4% of the GDP.
The rise in the internal state debt was influenced by the state securities issued on the primary market, whose volume increased by 16.9%. As a result, the domestic debt was 59.1% formed of state securities issued on the primary market, 34.6% of state securities issued for executing state guarantees and 6.3% of converted state securities.