January 06, 2010 |
| Moldova forecasts a 28-percent increase in its state external debt guaranteed by the government, to upwards of $1.19bn, for 2010. Moldova's Finance Ministry expects that the external government debt expansion will be due to more foreign loans and scheduled payments to foreign creditors.|
It is assumed that the share of Moldova's state external debt in the country's GDP will reach 23.5 percent as of December 31, 2010, up 4.2 percentage points from the respective estimate for December 31, 2009.
As of the end of Q3 2009, Moldova's total external debt stood at $4.293bn, up 4.5 percent from the beginning of 2009, while the state external debt guaranteed by the government jumped 19 percent in January-September 2009 to nearly $1.14bn, against a 1.4 percent increase in the external non-guaranteed debt (to $3.153bn).