• Moldova’s Total Government Debt Reached a New Record, Exceeding €3.05 Billion

    Moldova’s Total Government Debt Reached a New Record, Exceeding €3.05 Billion
    26 July 2020 | 11:32

    From May 2019, the total government debt increased by over €382.53 million, reaching a new record of over €3.05 billion.   

    In May 2019, total government debt was over €3.02 billion (59.38 billion lei), writes InfoMarket. According to the Ministry of Finance, in January-June 2020, the total government debt increased by over €382.53 million (7.5 billion lei) or by around 14.3 percent, amounting to over €3.05 billion (59.99 billion lei) at the end of June. 

    The increase of the debt was determined by the increase of the internal public debt and of the external debt, expressed in lei. Thus, the domestic public debt increased in January-June 2020 by over €173.26 million (3.39 billion lei). Subsequently, at the end of December 2019, the domestic public debt was over €1.18 billion (23.168 billion lei), increasing up to €1.35 billion (26.565 billion lei) at the end of June 2020. 

    At the same time, the external debt in lei increased in the same period by over €209.27 million (4.103 billion lei). The external debt increase from over €1.49 billion (29.326 billion lei) to €1.7 billion (33.429 billion lei). 

    The share of total government debt in GDP increased from 25 percent at the end of 2019 to 29.2 percent at the end of June 2020. According to the data, the GDP in 2019 was over €10.71 billion (210.098 billion lei), and in 2020 it is estimated at €10.46 billion (205.2 billion lei). 

    InfoMarket previously wrote that in 2019 Moldova’s total government debt increased by €24.56 million (481.7 million lei), amounting to €2.67 billion (52.49 billion lei). In 2019, domestic public debt increased by €5.58 million (109.6 million lei) from €1.175 billion (23.058 billion 058.6 lei) to €1.18 billion (23.168 billion lei). During this period, the external debt in lei increased by €18.97 million (372.1 million lei), from €1.47 billion (28.954 billion lei) to €1.49 billion (29.326 lei).

    AUTHOR MAIL

     .

    ”When I climb, I feel freedom and I feel special” – Interview with Vladislav Zotea, a Mountain Climber from Moldova, who Lives in the USA

    While looking for interesting local people to invite to the Moldovan-American Convention MAC8 in Seattle, that will be held between September 30th and October 2nd 2022, I found Vladislav Zotea, a mountain climb…
    ”When I climb, I feel freedom and I feel special” – Interview with Vladislav Zotea,  a Mountain Climber from Moldova, who Lives in the USA

    A museum for the memories of the children who grew up during war times: ”It is important for them to have an opportunity to share their stories”

    Starting with his own life story, in 2010, Jasminko Halilovic, originally from Bosnia and Herzegovina, began documenting a book about children growing up in war times. Meanwhile, meeting dozens of people who we…
    A museum for the memories of the children who grew up during war times: ”It is important for them to have an opportunity to share their stories”

    Roskomnadzor Orders ZdG to Delete an Article about Russia’s war on Ukraine and Asked Internet Operators to Block ZdG’s Website

    Roskomnadzor (Federal Communications, Information Technology, and Media Surveillance Service) ordered Ziarul de Gardă to delete an article about Russia’s war on Ukraine and asked Internet operators to blo…
    Roskomnadzor Orders ZdG to Delete an Article about Russia’s war on Ukraine and Asked Internet Operators to Block ZdG’s Website

    TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

    Several articles published by ZdG during 2021 have had an impact and led to opening criminal cases or sanctions. The investigation ”Concrete Instead of Trees in a Chișinău Forest” brought to the public’s…
    TOP: Five ZdG Investigations from 2021 that Led to Opening Criminal Cases

    INVESTIGATION: The Army from which Recruits Flee

    “I left the unit out of fear. I joined the army to do military service and not to let someone mock me. (…) The superiors reacted aggressively. I learnt nothing from the military service: I made repa…
    INVESTIGATION: The Army from which Recruits Flee

    ZdG Interview with Maia Sandu, President of Moldova

    “Fighting corruption is a very important process that we engage to complete; the country’s strategy, however, must focus on education.” A year after the inauguration of Maia Sandu as President…
    ZdG Interview with Maia Sandu, President of Moldova