Life on Debt. The state borrowed unreservedly! Public government debt, almost 52% of GDP!

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Life on Debt. The state borrowed unreservedly! Public government debt, almost 52% of GDP!

Public administration debt (government debt) has increased, as a percentage of GDP, from 51.7% in January to 51.9% in March, according to the data from the Ministry of Finance. Government debt continues to rise. Public debt increased from 841.292 billion lei in February to 845.098 billion lei in March. In March, medium and long-term debt rose to 795.023 billion lei, from 786.851 billion lei in February, while short-term debt fell to 50.075 billi…