Mugur Isărescu tells the TRUTH not told by the Government: the external debt increased by 9,610 million euros, after only 7 months, – News from sources



[ad_1]

Between January and July, Romania’s total external debt increased by 9,616 million euros to 115,480 million euros, from 105,870 million euros at the end of 2019, according to data released Monday by the National Bank of Romania (BNR).

“Between January and July 2020, total external debt increased by 9,616 million euros. In structure: long-term external debt amounted to 82,499 million euros as of July 31, 2020 (71.4% of total external debt ), increasing by 12% compared to December 31, 2019; the short-term external debt registered at July 31, 2020 the level of 32,990 million euros (28.6% of total external debt), increasing by 2, 4% compared to December 31, 2019, “the data shows. NBR.

Also read: Codrin Ștefănescu’s lightning exit: ‘I have never seen such chaos and mockery in my life!’

Direct investments by non-residents in Romania amounted to € 1,326 million (compared to € 3,335 million in January-July 2019), of which equity investments (including estimated net reinvested profit) amounted to a net value of 779 million euros, and intra-group loans registered a net value of 547 million euros.

In the January-July period, the current account of the balance of payments registered a deficit of 4,863 million euros, compared to 6,038 million euros in the January-July 2019 period; In terms of structure, the balance of goods registered a greater deficit of 635 million euros, the balance of services registered a greater surplus of 370 million euros, the balance of primary income reduced its deficit by 945 million euros and the balance of secondary income posted a surplus. higher by 495 million euros.

Also read: They receive their reward! Orban Government, get started on the great trailer division!

The long-term external debt service rate was 17.6% between January and July 2020, compared to 18.6% in 2019. The coverage of imports of goods and services as of July 31, 2020 was 5.9 months. , compared to 4.6 months as of December 31, 2019.

The coverage rate for short-term external debt, calculated at residual value, with foreign exchange reserves at NBR as of July 31, 2020, was 81.4%, compared to 73.8% as of December 31, 2019.

Also read: Controversial photos posted by Gabriela Firea at the beginning of the school year.



[ad_2]