Government debt dropped to 47.6% of the GDP

By RBJ
Public administration debt (government debt) amounted, in September, to 646.073 billion lei, compared to 628.289 billion lei in August and 577.521 billion lei at the end of last year, according to data published on Wednesday by the Ministry of Finance (MF).
As a percentage of GDP, government debt fell to 47.6%, compared to 48.8% the previous month.
In September, the medium and long-term debt was 619.437 billion lei, and the short-term debt was 26.635 billion lei.
The largest part of this debt, namely 535.081 billion lei, was represented by government securities. The loans amounted to 97.79 billion lei.
The debt in euros amounted to 299.394 billion lei equivalent, the one in national currency – 284.21 billion lei, and the debt in US dollars – 61.42 billion lei equivalent.
The debt of the central public administration amounted, at the end of September, to 628.796 billion lei, of which 602.186 billion lei in the medium and long term. Most of the debt of the central administration was contracted in euros (295.109 billion lei, equivalent) and in lei (271.218 billion lei).
The debt of the local public administration amounts to 17.277 billion lei, of which 17.251 billion lei in the medium and long term.
The internal debt of the public administration was, in September, 315.526 billion lei (23.2% of GDP), of which 303.124 billion lei was the debt of the central administration and 12.372 billion lei was the debt of the local administration.
According to MF data, the external debt of the public administration was 330.547 billion lei (24.4% of GDP), of which 325.642 billion lei was the external debt of the central public administration and 4.905 billion lei was the external debt of the local public administration.