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MOSCOW, October 5 (Itar-Tass) —— Russia’s public debt has gone up by more than 70 percent in the past 30 months and now is 4.6 trillion roubles, the press service of the Russian Audit Chamber reported.
Since the beginning of 2009, the public debt increased by 71.6 percent and was 4.6 trillion roubles as of July 1, 2011. The draft budget for 2012-2014 provide for a further two-fold growth, the press service noted.
As of July 1, 2011, the internal debt was 3.5 trillion roubles, or 2.4 times more than in 2009. The internal debt is made up primarily of securities, the volume of which augmented 2.2-fold in the said period.
The foreign debt as of July 2011 was one trillion roubles, with its total share shrinking from 29 percent in 2009 to 15 percent of the overall public debt in 2011. Like the internal debt, the foreign debt is also made up primarily of securities.
According to the Audit Chamber, the share of securities in the overall foreign debt went up in 2009-2010 from 72.8 percent to 80.7 percent.