Romania's public debt fell to 36% of GDP

Romania's public debt fell in April by 3.5 billion lei in the previous month and reached 195.5 billion lei (46.2 billion), equivalent to36% of GDP, while the Treasury payments made by private banksto maturity of over 2 billion lei.

If government debt, as creditors titpul obligations to private banksshowed the largest decrease, from 132.4 billion lei in March to130.1 in April. At the same time, multilateral debt has aredus by 1.1 billion lei to 53.6 billion lei.

In late April, nearly half the debt was in lei (85.4 billion lei), while the equivalent of 77.6 billion lei was in dollars. In SDRs, the currency used by the IMF for loans, the Treasury due to 8.68 billion lei. Debtcontracted in the Japanese yen was 2.14 billion lei.

From February to April, Treasury maturities on loans increasedentry, so that at the end of the first four months, long-term debt was90.9 billion lei, accounting for almost half the total. In the short term, the Treasury owes 31.3 billion lei, while the medium-term loanbalance is 61.7 billion lei.

In February and March the long-term debt was lower,approximately 42%.

Local government debt was 11.5 billion lei end of April, down 38 million lei to the previous month. Most of the local debt iscontracted in RON and by maturity most loans mature over at leastfive years.

Finance Ministry officials have said repeatedly that the goal is to increase the Treasury maturities on loans, while having a balancedfinancing of domestic and foreign.

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