Business

Moldova's external debt increases by $57 million in 2011

The external public debt of Moldova exceeded US$1.173 billion as of beginning of July, going up US$57 million since the beginning of the year.
INFOTAG, 21 July 2011, 10:43

According to Ministry of Finance data, it is explained by new credits that Moldova received, as well as fluctuations of U.S. dollar's exchange rate against other currencies.

Thus, Moldova obtained credits worth of US$58.66 million since the beginning of the year, including US$56.59 million in June.

The state assigned US$3.29 million for debts repayment. Fluctuations of U.S. dollar's exchange rate led to debt increase by US$36.15 million.
The external public debt of Moldova amounted to US$990.46 million on July 1, 2010 and US$775.1 million - on July 2009.

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