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MPs will examine the audit of public debt management

The parliamentary committee for the oversight of public finances will examine on Tuesday the Court of Auditors’ report on the results of the compliance audit of the management of public debt, state guarantees and state refinancing for the year 2025. The audit did not, in general, identify any significant irregularities affecting the compliance of debt management processes; however, the Court of Auditors highlighted a number of risks.
Svetlana Rudenco Svetlana Rudenco Reading time: 2 minutes
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According to the Ministry of Finance, at the end of 2025, the state debt stood at 132.8 billion lei, whilst public sector debt stood at 138.5 billion lei. Compared with 2024, public sector debt increased by 12.9 billion lei, or by 10.2 per cent.

Public sector debt stood at 39.2 per cent of GDP. However, the Court of Auditors notes the continued rise in government debt, particularly external debt, which requires constant monitoring and prudent debt management.

Among the main risks, the auditors highlight the significant proportion of short-term financing instruments and exposure to currency risk. Furthermore, 76.1 per cent of the proceeds from external government borrowing in 2025 were channelled towards supporting the state budget.

The Court of Auditors also draws attention to the low level of absorption of external loans earmarked for investment projects, which generates additional expenditure for the budget in the form of fees on unused funds.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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