State debt at end of 2019 projected at 62.8bn lei

The balance of the state debt on December 31, 2019 was calculated at 62.8 billion lei, an increase of 5.9bn lei compared with the value projected for this year-end, IPN reports, quoting the 2019 state budget law that was approved by the Cabinet.

The internal state debt was estimated at 25.79bn lei, while the external state debt at 36.97 billion lei, which is equal to US$ 2.105,5bn. At the end of 2019, the state debt will represent at most 30% of the GDP and will be by at most 0.3 percentage points higher than the value projected for this year.

As to the state debt, the balance of the external state guarantees at the end of next year will be equal to zero lei, while the balance of the internal state guarantees will not exceed 1 billion lei.