Romania's public debt has reached 28.2 % of the GDP

Romania's public debt went 27.6 % up, on September 30, reaching 140.09 billion lei, that is 28.17 % of the gross domestic product (GDP) estimated for the current year, according to data published by the Public Finance Ministry.

Total public debt was of 109.75 billion lei at the end of 2008 and represented 21.78 % of last year's GDP.

The weight of the public governmental debt in the whole of the debt increased by 1.26 percentage points versus the end of 2008, from 91.58 % to 92.84 %, while the local public debt stood for 7.16 % of the total debt after the first nine months.

Romanian ministry said 61.96 % of the debt was maturing in the short run, 34.85 percent was medium-termed and 3.19 % was maturing in more than 5 years.

• The ratio of the negotiable debt rose to 38.6 % at the end of September, from 25.7 %, in December 2008.