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Romania’s foreign public debt at 10.7 bln euros at end-2008

19 februarie 2009

Information in English

 
Romania's medium- and long-term foreign public debt (the public and publicly guaranteed debt) posted a balance of 10.7 billion euros on Dec. 31, 2008, the National Bank of Romania (BNR) said in a release on Thursday (Feb 19).
The service of the medium- and long-term foreign public debt in 2009 totals roughly 1.6 billion euros, one billion euros of which are capital rates and 0.6 billion euros represent interest payments.
 
The medium and long-term foreign private debt posted a balance of 39.2 billion euros at end-2008, and its service in 2009 is put at 9.6 billion euros, with 8.2 billion euros of it representing capital rates and 1.4 billion euros being interest payments, the central bank announced.
 
The short-term foreign debt balance went down from 24 billion euros at end-Nov. 2008 to 22.5 billion euros on Dec. 31, 2008, out of which 10.6 billion euros (47 percent) is the banking sector debt and 11.9 billion euros (53 percent) is the non-banking sector debt.
The current account of the balance of payments recorded 16.9 billion euros in deficit at end-2008 (put at 12.1 percent of GDP); this compares to 16.7 billion euros (13.5 percent of GDP) on Dec. 31, 2007, the BNR said.

 

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