Overview
- Internal debt rose by 2.5 billion lei in December to reach 52 billion lei, about $3.1 billion.
- The annual increase totaled 8 billion lei in 2025, up 18%, marking the largest yearly rise since 2021.
- The Finance Ministry had reported 49.6 billion lei through January–November, underscoring the sharp year‑end jump.
- Economist Vladimir Golovatyuk attributes the rise to structural economic weakness and higher energy costs in 2025.
- He estimates budget outlays would have fallen nearly 10% without internal and external loans, threatening wages, pensions and local transfers.