Government debt-to-GDP ratio climbs to 48.3 pct as of end May

The government debt as of end-June 2022 was RON 621.828 billion, up from RON 577.142 billion in the end of 2021, shows data centralized by the Finance Ministry.The medium- and long-term debt stood at RON 600.182 billion, while the short-term debt accounted for RON 21.646 billion.Government securities account for the bulk of this amount - specifically RON 511.954 billion, while loans total RON 97.775 billion.RON 273.466 billion of the ...

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