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Datorii Externe
Datorii Externe
Pagina 58
Datoria extern brut a Republicii Moldova s-a majorat pe parcursul trimestrului I 2017 cu 93.91
mil. USD (sau cu 1.4 la sut fa de sfritul anului 2016), constituind 6,688.60 mil. USD la 31
martie 2017 (tabelul 23).
Tabelul 23. Datoria extern brut a Republicii Moldova, la sfritul perioadei (mil. USD)
, (. . )
Gross external debt of the Republic of Moldova, at period-end (US$ million)
2013 2014 2015 2016 I 2017
Administraia public / . / General government 1,305.17 1,320.37 1,353.69 1,481.22 1,549.41
Pe termen lung / / Long-term 1,305.17 1,320.37 1,353.69 1,481.22 1,549.41
mprumuturi / / Loans 1,123.89 1,149.88 1,190.44 1,323.47 1,389.33
Alocri de DST / / SDR allocations 181.28 170.49 163.25 157.75 160.08
Banca central / / Central bank 445.07 390.70 339.29 292.28 272.04
Pe termen lung / / Long-term 445.07 390.70 339.29 292.28 272.04
mprumuturi / / Loans 445.07 390.70 339.29 292.28 272.04
Societi care accept depozite, exclusiv banca central 856.84 579.32 387.38 334.77 337.57
,
Deposit-taking corporations, except central bank
Pe termen scurt / / Short-term 423.37 278.80 182.20 187.14 188.76
mprumuturi / / Loans 42.56 37.12 37.26 40.36 40.33
Numerar i depozite / / Currency and deposits 371.33 233.57 137.30 135.84 137.49
Alte / / Other 9.48 8.11 7.64 10.94 10.94
Pe termen lung / / Long-term 433.47 300.52 205.18 147.63 148.81
mprumuturi / / Loans 433.47 300.52 205.18 147.63 148.81
Alte sectoare / / Other sectors 2,485.56 2,578.83 2,592.65 2,814.31 2,855.90
Pe termen scurt / / Short-term 1,237.51 1,266.15 1,277.12 1,488.61 1,536.00
mprumuturi / / Loans 79.20 41.49 46.78 81.17 83.96
Credite comerciale i avansuri / / 1,066.57 1,136.92 1,146.60 1,327.70 1,373.30
Trade credit and advances
Alte, din care: / , ..: / Other, of which: 91.74 87.74 83.74 79.74 78.74
datoria pentru resurse energetice* / 90.12 86.12 82.12 78.12 77.12
/ debt for energy resources
Pe termen lung / / Long-term 1,248.05 1,312.68 1,315.53 1,325.70 1,319.90
mprumuturi / / Loans 1,248.05 1,312.68 1,315.53 1,325.70 1,319.90
Investiii directe: creditarea intragrup 1,581.74 1,701.04 1,708.23 1,672.11 1,673.68
:
Direct investment: intercompany lending
Angajamente aferente datoriei fa de investitorii direci 1,581.74 1,701.04 1,708.23 1,672.11 1,673.68
Debt liabilities of foreign investment enterprises to direct investors
Pe termen scurt / / Short-term 9.71 12.99 12.40 14.36 24.27
mprumuturi / / Loans 9.71 12.99 12.40 14.36 24.27
Pe termen lung / / Long-term 1,572.03 1,688.05 1,695.83 1,657.75 1,649.41
mprumuturi / / Loans 1,124.48 1,120.46 1,086.96 1,067.87 1,072.03
Alte / / Other 447.54 567.59 608.88 589.88 577.38
TOTAL / / TOTAL 6,674.38 6,570.26 6,381.24 6,594.69 6,688.60
*altele dect pentru importul de gaz natural, care sunt reflectate la creditarea intragrup, angajamentele aferente datoriei
ntreprinderilor cu investiii directe fa de investitorii lor direci, pe termen lung / * ,
( ) / other
than natural gas, the debt for which is shown under intercompany lending within direct investment, long-term
Pe sectoare instituionale, la 31.03.2017, datoria extern este repartizat dup cum urmeaz:
alte sectoare 42.7 la sut, administraia public 23.2 la sut, societi care accept depozite
5.0 la sut, banca central 4.1 la sut (diagrama 46). Datoriile n cadrul investiiilor directe
(creditarea intragrup) nu se repartizeaz sectorial, lor revenindu-le o pondere de 25.0 la sut.
Diagrama 46. Datoria extern brut9, la sfritul perioadei, prezentare sectorial (mil. USD)
10 , (.. )
Gross external debt11 by sector, at period-end (US$ million)
Administraia public i BNM / / General government and NBM
8,000
7,000
2,855.90
2,814.31
2,592.65
2,578.83
4,000
2,485.56
1,821.45
1,750.24
1,773.50
1,692.98
1,708.23
1,701.04
1,673.68
3,000
1,711.07
1,672.11
1,581.74
856.84
2,000
579.32
387.38
334.77
337.57
1,000
0
2013 2014 2015 2016 I 2017
La sfritul trimestrului I 2017, datoria extern public i public garantat (27.3 la sut din total)
a nsumat 1,826.33 mil. USD (a crescut cu 2.7 la sut fa de sfritul trimestrului IV 2016), iar
cea privat negarantat 4,862.27 mil. USD (a crescut cu 1.0 la sut comparativ cu 31.12.2016)
(tabelul 24).
9
Stocul total al datoriei externe brute calculate conform standardului MBP6 (SDE 2013) este acelai ca i n MBP5, dar cu
schimbri n structur. Arieratele la deservirea mprumuturilor externe nu sunt reflectate ca o component separat, ci
mpreun cu mprumuturile la care se refer. Celelalte arierate sunt divizate pe scadene, n special datoria pentru importul de
gaze naturale este inclus n datoria pe termen lung la creditarea intragrup n cadrul investiiilor directe.
10
, 6 ( 2013), ,
(5), .
, , .
, ,
: .
11
The total stock of gross external debt calculated according to BPM6 standard (EDS 2013) is the same as according
to BPM5, but with changes in structure. The arrears on external debt service are not reflected as a separate
component, but together with the loans to which they refer. Other arrears are divided by maturity, particularly
the debt for the import of natural gas is included in the long-term debt within intercompany lending under direct
investment.
Tabelul 24. Datoria extern public, public garantat i datoria privat negarantat, la
sfritul perioadei (mil. USD)
,
, (. )
External public and publicly guaranteed debt and non-guaranteed private debt at period-end (US$ mil.)
2013 2014 2015 2016 I 2017
Datoria public i public garantat 1,774.92 1,731.05 1,702.04 1,778.90 1,826.33
Public and publicly guaranteed debt
Pe termen lung / / Long-term 1,774.92 1,731.05 1,702.04 1,778.90 1,826.33
mprumuturi / / Loans 1,593.64 1,560.56 1,538.79 1,621.15 1,666.25
din care datoria corporaiilor publice i UAT* 38.09 34.23 25.72 21.95 21.63
..
of which: debt of public corporations and ATU
Alocri de DST / / SDR allocations 181.28 170.49 163.25 157.75 160.08
Datoria privat negarantat 4,899.46 4,839.21 4,679.20 4,815.79 4,862.27
Non-guaranteed private debt
Pe termen scurt / / Short-term 1,660.88 1,544.95 1,459.32 1,675.75 1,724.76
mprumuturi / / Loans 121.76 78.61 84.04 121.53 124.29
Numerar i depozite / / Currency and deposits 371.33 233.57 137.30 135.84 137.49
Credite comerciale i avansuri / / 1,066.57 1,136.92 1,146.60 1,327.70 1,373.30
Trade credit and advances
Alte / / Other 101.22 95.85 91.38 90.68 89.68
Pe termen lung / / Long-term 1,656.84 1,593.22 1,511.65 1,467.93 1,463.83
mprumuturi / / Loans 1,656.84 1,593.22 1,511.65 1,467.93 1,463.83
Investiii directe: creditarea intragrup 1,581.74 1,701.04 1,708.23 1,672.11 1,673.68
:
Direct investment: intercompany lending
Angajamente aferente datoriei fa de investitorii direci 1,581.74 1,701.04 1,708.23 1,672.11 1,673.68
Debt liabilities of foreign investment enterprises to direct investors
Pe termen scurt / / Short-term 9.71 12.99 12.40 14.36 24.27
Pe termen lung / / Long-term 1,572.03 1,688.05 1,695.83 1,657.75 1,649.41
TOTAL / / TOTAL 6,674.38 6,570.26 6,381.24 6,594.69 6,688.60
* UAT uniti administrativ-teritoriale / - / ATU administrative-territorial
units
5,000
4,000
3,000
5,003.79 5,012.32 4,909.52 4,904.58 4,939.57
2,000
1,000
0
2013 2014 2015 2016 I 2017
La 31 martie 2017, angajamentele pe termen lung au nsumat 4,939.57 mil. USD (cu 0.7 la sut
mai mult fa de 31.12.2016) constnd din: mprumuturi de la investitorii direci n proporie
de 21.7 la sut, alte mprumuturi pe termen lung 63.4 la sut, alte angajamente aferente
datoriei 11.7 la sut i alocri de DST 3.2 la sut (diagrama 48).
Diagrama 48. Structura datoriei externe pe termen lung pe tipuri angajamente, la sfritul
tr. I 2017
I . 2017
Structure of long-term external debt by type of liability, end of Q I 2017
Datoria extern pe termen scurt s-a cifrat la 1,749.03 mil. USD (cu 3.5 la sut mai mult fa de
31.12.2016) i cuprinde: credite comerciale i avansuri (constituite n majoritate din avansuri
primite i facturi neachitate la termen) 78.5 la sut, conturile i depozitele bancare (la
termen i la vedere) ale nerezidenilor n bncile liceniate din Republica Moldova 7.9 la
sut, alte mprumuturi pe termen scurt 7.1 la sut, alte angajamente aferente datoriei 5.1 la
sut, precum i mprumuturi intragrup 1.4 la sut (diagrama 49).
Diagrama 49. Structura datoriei externe pe termen scurt pe tipuri de angajamente la
sfritul tr. I 2017
I . 2017
Structure of short-term external debt by type of liability, end of Q I 2017
mprumuturi intragrup / Alte mprumuturi /
/ /
Alte angajamente aferente datoriei / Intercompany loans Other loans
/ 1.4% 7.1%
Other debt liabilities
5.1%
Numerar i depozite /
/
Currency and deposits
7.9%
mprumuturile i alocrile de DST constituie 4,510.75 mil. USD (67.4 la sut din datoria extern
brut), din care 40.5 la sut sunt ale sectorului public (datoria BNM, datoria de stat direct i
datoria privat asumat de stat n urma executrii garaniilor, datoria corporaiilor publice i
UAT), iar 59.5 la sut le revin mprumuturilor contractate de agenii economici din sectorul
privat, inclusiv n cadrul creditrii intragrup (tabelul 25). Fa de situaia de la sfritul
trimestrului IV 2016, stocul mprumuturilor i alocrilor de DST a nregistrat o cretere de 1.4
la sut sau 60.16 mil. USD.
Tabelul 25. mprumuturi i alocri de DST la sfritul perioadei, prezentare sectorial (mil.
USD)
, , (. )
Loans and SDR allocations by sector, at period-end (US$ million)
2013 2014 2015 2016 I 2017
Banca central / / Central bank 445.07 390.70 339.29 292.28 272.04
mprumuturi (de la FMI) / / Loans (from the IMF) 445.07 390.70 339.29 292.28 272.04
Datoria de stat direct 1,286.62 1,305.02 1,337.02 1,464.67 1,532.66
Direct governmental debt
mprumuturi / / Loans 1,105.34 1,134.53 1,173.77 1,306.92 1,372.58
Alocri de DST / / SDR allocations 181.28 170.49 163.25 157.75 160.08
Datoria garantat asumat de stat 3.55 1.10
Publicly guaranteed assumed debt
Alte sectoare / / Other sectors 3.55 1.10
mprumuturi / / Loans 3.55 1.10
Datoria UAT* / / Debt of ATU 15.00 14.25 16.66 16.55 16.75
mprumuturi / / Loans 15.00 14.25 16.66 16.55 16.75
Datoria corporaiilor publice 23.09 19.98 9.06 5.40 4.88
Debt of public corporations
Alte sectoare / / Other sectors 23.09 19.98 9.06 5.40 4.88
mprumuturi / / Loans 23.09 19.98 9.06 5.40 4.88
Datoria privat garantat de stat 1.60
Private debt guaranteed by the government
Alte sectoare / / Other sectors 1.60
mprumuturi / / Loans 1.60
Datoria privat negarantat de stat 2,912.80 2,805.28 2,695.05 2,671.69 2,684.42
Non-guaranteed private debt
Bnci / / Banks 476.03 337.64 242.44 187.99 189.14
mprumuturi / / Loans 476.03 337.64 242.44 187.99 189.14
Alte sectoare (inclusiv de la investitorii direci) 2,436.76 2,467.64 2,452.61 2,483.70 2,495.28
( )
Other sectors (including intercompany lending)
mprumuturi / / Loans 2,436.76 2,467.64 2,452.61 2,483.70 2,495.28
TOTAL / / TOTAL 4,687.73 4,536.33 4,397.08 4,450.59 4,510.75
* UAT uniti administrativ-teritoriale / - / ATU administrative-territorial
units
valoare de 1,659.43 mil. USD, iar fa de restul creditorilor de 2,851.32 mil. USD (din care 89.2
la sut reprezint datorii private negarantate de stat). Ponderea creditrii de ctre
organismele internaionale s-a micorat cu 1.0 p.p. fa de sfritul trimestrului IV 2016,
constituind 36.8 la sut din totalul datoriilor sub form de mprumuturi i alocri de DST.
Tabelul 27. mprumuturi externe i alocri de DST la sfritul perioadei, pe creditori (mil.
USD)
, , (. )
External loans and SDR allocations, by creditor, at period-end (US$ million)
2013 2014 2015 2016 I 2017
Datoria BNM / / Debt of NBM 445.07 390.70 339.29 292.28 272.04
mprumuturi de la FMI / / IMF loans 445.07 390.70 339.29 292.28 272.04
Datoria de stat direct / / 1,286.62 1,305.02 1,337.02 1,464.67 1,532.66
Direct governmental debt
Organisme internaionale / / 1,107.08 1,133.90 1,144.80 1,214.31 1,225.98
Multilateral creditors
BIRD i AID / / IBRD and IDA 568.70 564.16 570.51 632.63 642.22
FMI / / IMF 327.58 308.09 289.46 279.69 272.95
BEI / / EIB 86.49 124.55 145.77 156.25 162.24
FIDA / / IFAD 63.84 61.51 61.77 60.51 61.61
BERD / / EBRD 32.74 48.06 50.29 57.06 58.30
BDCE / / CEB 27.73 27.53 27.00 28.17 28.66
Relaii bilaterale / / Bilateral creditors 179.54 171.12 192.22 250.36 306.68
Romnia / / Romania 6.72 5.37 4.03 65.41 120.81
Japonia / / Japan 10.38 24.62 55.03 56.94 59.42
Rusia / / Russia 70.06 55.45 53.20 50.23 48.41
SUA / / USA 43.48 40.90 38.31 35.73 35.73
Austria / / Austria 15.21 18.00 18.79 21.75 22.34
Germania / / Germany 28.64 22.81 19.69 17.92 17.99
Turcia / / Turkey 4.76 3.97 3.17 2.38 1.98
altele / / other 0.29
Datoria garantat asumat de stat / 3.55 1.10
Publicly guaranteed assumed debt
Ali creditori / / Other creditors 3.55 1.10
Datoria UAT / / Debt of ATU 15.00 14.25 16.66 16.55 16.75
Organisme internaionale / / 13.95 14.25 16.35 16.32 16.53
Multilateral creditors
BEI / / EIB 6.88 6.08 8.68 7.83 7.92
CFI / / IFC 7.07 7.37 5.73 4.38 4.38
BERD / / EBRD 0.80 1.94 4.11 4.23
Ali creditori / / Other creditors 1.05 0.31 0.23 0.22
Datoria corporaiilor publice / 23.09 19.98 9.06 5.40 4.88
Debt of public corporations
Organisme internaionale / / 5.66 7.24 6.10 4.92 4.66
Multilateral creditors
BERD / / EBRD 5.66 7.24 6.10 4.92 4.66
Ali creditori / / Other creditors 17.43 12.74 2.96 0.48 0.22
Datoria privat garantat de stat 1.60
Private debt guaranteed by the government
Organisme internaionale / / 1.60
Multilateral creditors
BERD / / EBRD 1.60
Datoria privat negarantat de stat 2,912.80 2,805.28 2,695.05 2,671.69 2,684.42
Non-guaranteed private debt
Organisme internaionale / / 353.79 267.22 204.85 151.90 140.22
Multilateral creditors
Ali creditori / / Other creditors 2,559.01 2,538.06 2,490.20 2,519.79 2,544.20
TOTAL / / TOTAL 4,687.73 4,536.33 4,397.08 4,450.59 4,510.75