At the end of 2024, Moldova’s debt in relation to GDP will not exceed 38% - Ministry of Finance.
Finance Minister Petru Rotaru announced this in an interview with Europa Libera, noting that Moldova is approximately in the middle of the acceptable debt-to-GDP limit, and external creditors assess Moldova as a “reliable country.” According to the National Bank, Moldova’s external debt currently amounts to $10.5 billion, which is $4.2 thousand per resident of the country. “Such a debt should not cause concern among residents, despite the fact that this is a considerable amount,” - said Petru Rotaru. He drew attention to the fact that the government directs external loans to improve infrastructure and development, motivating citizens to stay in Moldova. The head of the Ministry of Finance also emphasized that the Moldovan state repays internal and external debts in a timely manner, and there were no delays in their payment. It is planned that in 2024 Moldova will receive 2 billion lei in new grants, which is much less compared to 2023, in which the volume of grants reached 5 billion lei, and most of them were replenished by the Energy Vulnerability Reduction Fund to provide compensation in cold season. // 12.04.2024 — InfoMarket
