Between 2026 and 2028, Ukraine will have to pay an average of more than $28 billion (1.19 trillion hryvnia) annually to repay its foreign debts, Logos Press reported.

According to the National Bank of Moldova (NBM), Moldova’s gross external debt increased by $1.28 billion in January-September 2025, equivalent to a 12.4% increase, Logos Press reported.

The dollar value of foreign debt rose by the end of November due to changes in world currencies, causing more than 60% of the total addition to the country’s external debt, Logos Press reported.

Moldova’s external public debt at the end of September 2025 amounted to $4.75 billion compared to $4.19 billion at the end of last year, Logos Press reported.

In August 2025, the total public debt amounted to LE 125.7 billion, increasing mainly due to the growth of the state’s domestic borrowing, Logos Press reported.

Moldova’s new debts overlapped the old ones. And the external public debt increased by a third during the year. And the total debt of the state, thanks to this, has significantly gained weight. The weakening of the national currency, despite the NBM’s efforts to support the exchange rate, certainly made its contribution. But against the background of world financial events, it does not look like such a respectable factor for new borrowings burdening the economy. Although without them we are nowhere.

At the end of June, the inflow of credit funds from abroad exceeded the outflow, and as a result, the balance of external public debt became positive, according to the Ministry of Finance,” Logos Press reported.

Moldova’s gross external debt increased in the first quarter of 2025 by 3% (+$303.82 million) and amounted to $10,517.15 million, which is 57.4% of GDP (+1.3 p.p. since the beginning of the year). The rate of external debt accumulation is still inferior to the rate of domestic borrowings – they are at least twice as fast, although they still account for about 40% of the total government debt.

Moldova’s gross external debt increased in the first quarter of 2025 by 3.0% (+$303.82 million) and amounted to $10,517.15 million, which is 57.4% of GDP (+1.3 p.p. from the beginning of the year), – reports Logos Press.

Monthly summaries of the Ministry of Finance show a decrease in the size of the external public debt – in May it amounted to $4.232 billion and, compared to April, decreased by $123 million or 2.8%. – reports Logos Press.

Moldova’s international investment position (IIP) at the end of 2024 amounted to minus $5,588.30 million, reflecting a negative balance in external claims and liabilities, Logos Press reported.

Moldova’s official foreign exchange reserves decreased by 200 million euros in Q1 2025,” Logos Press reported.
