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Gov't debt down to 552.39 billion lei in end-October, representing 48.2pct of GDP

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The public administration debt (government debt) stood at 552.385 billion lei at the end of the first ten months of 2021, down from 556.362 billion lei in September, according to the data centralized by the Ministry of Finance.

In terms of GDP, the public debt accounted for 48.2pct of GDP at the end of October (48.5pct of GDP at the end of September 2021).

The medium and long term debt amounted to 531.070 billion lei, and the short term debt to 21.314 billion lei.

Most of this debt, approximately 469.29 billion lei, represented government securities. The loans amounted

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