PUBLIC DEBT: A BURDEN FOR OR AN INVESTMENT IN THE WELL-BEING OF CITIZENS

Tatiana COVALSCHI, Universitatea de Stat din Moldova

Аннотация

The purpose of the article is to examine, in perspective, the impact of the management of public debt in the Republic of Moldova on the well-being of citizens. The research methodology is based on the analysis the experience of
the european countries in this field, comparing to national practice, basing on study of the national legal framework,
as well as of the indicators of public debt and of the objectives of this policy in the Republic of Moldova, in order to
determine how it impacts on the well-being of citizens.
Conclusions: The public debt management is an important way to the promote the economic well-being of citizens, as long as the resorces that come from public loans are effectively managed.

DOI: https://doi.org/10.59295/sum11(5)2025_03Keywords: public debt, budget deficit, budgetary and fiscal policy, sustainability of public finance, welfare of
citizens.