Romania's public debt-to-GDP ratio under 50%

Debt

Photo by Bogdan Vija/Shutterstock.com

Romania's public debt to GDP ratio reached 49.2% at the end of April, from a revised 48.4% level at the end of March and 48.8% at the end of 2021, data published by the Finance Ministry showed, according to a report by Romania-insider.

In absolute terms, Romania's public debt reached RON 602.9 billion (EUR 121.8 billion) at the end of April, RON 8.9 billion (EUR 1.8 billion) more than it was at the end of March.

The ministry initially reported a public debt to GDP ratio of 50.2% for the end of March, based on the GDP in the 12 months to the end of December. 

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