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The six-month government debt was slightly down to 34.9 percent of GDP in June 2018, compared to 35 percent of GDP in December 2017, although its value increased from 300.7 bln lei at the end of December 2017 to 305.5 bln lei at the end of June 2018, shows data released by the Ministry of Public Finance.
The domestic government debt stands at 157 billion lei, while the foreign debt is 148.4 billion lei.
Of the total government debt, the central public administration accounts for 291 billion lei, and the local administration for 14.3 billion lei.
In the last five years, the GDP share of the government debt has steadily declined from 37.5 percent in 2013 to 35 percent in 2017.
