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Financial assets of public administration sector decrease to 24.1% of GDP, in Q4 2022

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The financial assets of the public administration sector decreased in the last quarter of 2022 by 1.8 percentage points, compared to the similar period of the previous year, reaching 24.1% of GDP, according to data published by the of Romania (BNR).

This dynamic was mainly determined by the evolution of the financial instruments "Participants and shares/units of investment funds" and "Loans". Compared to the fourth quarter of the previous year, investment fund holdings and shares/units experienced a decrease of 2.1 percentage points in the last three months of 2022, reaching 9.5%…

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