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BNR: Romania's overall foreign debt went up by 4.25 billion euros in first 6 months


Romania's foreign debt went up by 4.254 billion euros in the first 6 months, to 103.671 billion euros, according to data released by the National Bank of Romania (BNR) on Tuesday. In that period of time, the public debt went up by over 3.2 billion euros, to 37.982 billion euros, on the rise by 9.26%.

On December 31, 2018, the total foreign debt was 99.417 billion euros, according to BNR. After 6 months, the total foreign debt went up to 103.671 billion euros.

The long term foreign debt amounted to 70.361 billion euros on June 30 (67.9% of overall foreign debt) on the rise by 3.5% compared to December 31, 2018.

At the same time, the short term foreign debt was 33.31 billion euros (32.1% of total foreign debt) on June 30, on the rise by  5.9% compared to December 31, 2018.

Moreover public debt wen up by 3.218 billion euros in the first 6 months, to 37.982 billion euros.

The long term  foreign debt service rate was 19.2% over January-June 2019, compared to 21.2% in 2018.

The coverage degree of imports of goods and services on June 30, 2019 was of 4.6 months compared to 4.9 months on December 31, 2018.

The coverage degree of  short term foreign debt, calculated at residual value, with BNR currency reserves on June 30, 2019 was 73% compared with 74.3% on December 31, 2018.