Government debt reaches almost 42.9pct of GDP at end of September 2020
Publicat:At the end of September 2020, the public administration debt (government debt) totaled 451,147 billion lei, namely 42.9% of the GDP, as compared to 373.6 billion (35.3% of GDP) at the end of last year, according to data centralized by the Public Finance Ministry (MFP), ar reported by AGERPRES.
Of this, 16.184 billion lei represents the short-term debt and the rest represents the medium and long-term debt.
Most of this debt, namely 387.359 billion lei, was represented by government securities.
The central public administration debt amounts to 436.19 billion lei, of which…
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