The total external debt of Moldova for 9 months 2020 increased by $ 534.2 million, or 7.2%, amounting to $ 7 billion 950.28 million at the end of September.
At the same time, in relation to the country's gross domestic product, it grew over the same period by 5.3 percentage points - up to 67.3% of GDP. Such preliminary data on the total debt of the country was published by the National Bank of Moldova in the Balance of Payments for January-September 2020, noting that the total debt of the country at the end of 2019 was $ 7 billion 416.08 million. According to the NBM, public debt and publicly guaranteed debt of the country in 9 months 2020 increased by $ 285.8 million, or 14.9% - from $ 1 billion 919.15 million (at the end of 2019) to $ 2 billion 204.95 million (at the end of September 2020), amounting to 27.7% of the total debt. Herewith, the private sector's unsecured debt increased over the same period by $ 248.4 million, or 4.5% - from $ 5 billion 496.93 million to $ 5 billion 745.33 million, and amounted to 72.3% of the total the amount of debt. In the structure of the total external debt of Moldova by sector, at the end of September 2020, the largest share of debt fell on non-financial societies - 41.3% of the total volume (0.3 percentage points more than at the end of June 2020). This is followed by: the public administration sector - 25.4% (+0.3 pp), interbranch lending (including debts for natural gas imports) with a share of 23.4% (-0.4 pp), depository organizations - 4.1% (+0.2 p.p.), other financial institutions - 3.3% (-0.2 p.p.), the Central Bank - 1.9% (-0.2 p.p.), households - 0.6% (at the same level). The overall growth of Moldova's external debt for 9 months in 2020 was caused by an increase in debt under the "Other Sectors" section - by 8.6% - from $ 3 billion 307.59 million (at the end of 2019) to $ 3 billion 591.05 million (at the end of September 2020), an increase in the debt of the public administration sector by 17.7% - from $ 1 billion 717.96 million to $ 2 billion 022.45 million, as well as an increase in the debt of commercial banks by 6.2% - from $ 306.97 million to $ 325.98 million. Meanwhile, the debt of the Central Bank on IMF loans decreased by 17.6% - from $ 180.51 million to $ 148.76 million, and the external debt under the section "Direct investments: interbranch lending" decreased by 2.2% - from $ 1 billion 903.05 million to $ 1 billion 862.04 million. Long-term external debt at the end of September 2020 amounted to $ 5 billion 653.44 million, an increase of 7.3% compared to the end of 2019, when it was equal to $ 5 billion 269.57 mln. At the same time, short-term external debt amounted to $ 2 billion 296.84 million, an increase of 7% compared to the end of 2019 ($ 2 billion 146.51 million). Their share in the total volume of debt amounted to 71.1% and 28.9%, respectively. // 05.01.2021 — InfoMarket.
