The Government approved, on Friday, the memorandum on the Government Public Debt Management Strategy 2025-2027.
According to a press release from the Executive, this strategy provides the Ministry of Finance's mode of action to improve the structure of the public debt portfolio and the principles that will underpin financing decisions, agerpres reports.Government: Government Public Debt Management Strategy 2025-2027 - approved, agerpres reports.
"The objectives of the Ministry of Finance in managing the government public debt for the period 2025-2027 remain similar to those provided for in the previous Strategy, namely: ensuring the financing needs of the central public administration while minimizing costs in the medium and long term; limiting the risks associated with the government debt portfolio; developing the domestic market for government securities," the cited source mentions.
The Ministry of Finance aims to ensure the financing necessary to cover the budget deficit and refinance public debt with priority in the national currency, in correlation with the absorption capacity of the domestic market for government securities, in the conditions of maintaining high budget deficits and because Romania has been in the excessive deficit procedure since 2020, the Government says.
It is also considering accessing external financial markets, depending on the opportunities offered by them, "aiming to expand the average maturity of the public debt portfolio and diversify the investor base," the quote states.
"At the same time, the policy of contracting loans from international financial institutions (EIB, IBRD, EBRD, etc.) will be continued in order to ensure robust sources of financing and to ensure the minimization of costs in the medium and long term," the Executive informs.
The implementation of the Strategy will be monitored monthly, by tracking the evolution of debt indicators compared to the established targets and publishing them in the Monthly Public Debt Bulletin, published on the website of the Ministry of Finance.
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