Moldova’s total external debt increased for 9 months in 2023 by $170.56 million (+1.8%), amounting to $9 billion 763.88 million in late September.
Such preliminary data on the country's total debt were published by the National Bank of Moldova (NBM) in the Balance of Payments for the specified period. The NBM noted that, at the same time, in relation to the gross domestic product, the country's total debt at the end of September 2023 amounted to 62.4%, down by 3 .7 percentage points, compared to the situation at the end of 2022. According to the NBM, the external debt of the public sector and state-guaranteed debt in January-September 2023 increased by $83.9 million (+2.6%) - from $3 billion 263 .61 million (at the end of 2022) to $3 billion 347.51 million (at the end of September 2023), amounting to 34.3% of the total debt. At the same time, non-guaranteed private sector debt increased over the same period by $86.66 million (+1.4%) - from $6 billion 329.71 million to $6 billion 416.37 million and amounted to 65.7% of the total amount debt. The overall increase in Moldova’s external debt over 9 months in 2023 was due to an increase in the debt of the public administration sector by 3.3% - from $3 billion 172.85 million (at the end of 2022) to $3 billion 276.38 million (at the end of September 2023), as well as debt under the “other sectors” - by 3.7% - from $3 billion 978.57 million to $4 billion 125.76 million. At the same time, the National Bank’s debt on IMF loans decreased by 7.5% - from $63.98 million to $59 .17 million, the debt of commercial banks decreased by 9.6% - from $505 million to $456.67 million, and the debt under the section “direct investments: interbranch lending” decreased by 1.4% - from $1 billion 872.92 million to $1 billion 845.9 million. Long-term external debt at the end of September 2023 amounted to $6 billion 879.47 million, up 0.7% compared to the situation at the end of 2022, when it amounted to $6 billion 831.45 million. At the same time, short-term external debt amounted to $2 billion 884.41 million, up 4.4% compared to the end of 2022 ($2 billion 761.87 million). Their share in the total debt amounted to 70.5% and 29.5%, respectively. The structure of external public debt by creditors, according to the situation at the end of September 2023, shows that the main creditor of the state was the IMF with a share of 32.4% ($1 billion 085.7 million), of the total amount, followed by the World Bank Group with shares of 30.6% ($1 billion 022.88 million) and the European Investment Bank - 12.8% ($429.82 million). // 03.01.2024 — InfoMarket
