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RF external debt decreases by over 7% in Jan-Aug – Finance Ministry

In August external debt increased by 0.3 percent

MOSCOW, September 26 (Itar-Tass) — Russia’s external debt decreased by 7.7 percent in January-August 2011 and amounted to 36.88 billion U.S. dollars as of September 1, the Finance Ministry reported on Monday.

In August external debt increased by 0.3 percent.

The debt owned to Paris Club creditors dropped by 14 percent and reached 668.9 million U.S. dollars. The debt to other creditors, who are not members of the Paris Club, amounted to 1.484.1 billion U.S. dollars as of September 1, the ministry said.

The commercial debt of the former Soviet Union was of 59.2 million U.S. dollars by the end of August. This is 6 percent less than in the beginning of the year, the ministry said.

The debt to international financial organisations decreased by 12 percent and reached 2.759.6 billion U.S. dollars in January-August. The foreign currency debt amounted to 969.4 million U.S. dollars as of September 1, the Finance Ministry said.