Moldova's State Debt Surges, Interest Payments Soar
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Insights by Echo AI
The state debt of Moldova has grown significantly, increasing by nearly 39% of its GDP as of September 30, 2026. External debt rose by approximately 9.4 billion lei, primarily due to international funding. Internal debt also increased, driven by government securities financing. The average interest rate on these securities rose by 0.52 percentage points compared to 2025. Debt servicing costs have surged by about 50% in the first nine months of 2026 compared to the same period last year. Former deputy Olesya Stamate criticized the government's debt management, highlighting a significant increase in internal debt and interest payments.
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