OREANDA-NEWS. August 01, 2012. As it was informed in the ministry of finance, debt reduction was due to reduction of the U.S. dollar rate against other currencies, which reduced the debt by the amount of USD 14.21 million.

At the same time, payments of principal external debt of Moldova in January-May 2012 totaled USD 21.97 million and lower by USD 3.72 million, the amount of foreign credits for the period, which totaled USD 25.69 million.

It should be noted that Moldova foreign debt on January 1, 2012 was approximately USD 1 billion, 142, 48 million, last year it grew by USD 26.3 million (2.4%).

The growth of debt was due to the RM receipt of foreign loans have exceeded payments on external public debt by USD 34.52 million in the same time, the negative change of the U.S. dollar rate against other currencies in the past year amounted to USD 8.22 million.