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Russia’s state foreign debt goes down to $51 bln in January – Finance Ministry

March 11, 2013, 20:56 UTC+3
Russia’s state foreign debt decreased by 0.24 percent in the first month of the year
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MOSCOW, March 11 (Itar-Tass) – Russia’s state foreign debt decreased by 0.24 percent in the first month of the year to stand at 50.645 billion U.S. dollars as of February 1, 2013, the Russian Finance Ministry underlined in its report made public on Monday. In terms of the European single currency, the country’s external debt went down by 2.1 percent to 37.537 billion euros.

As of January 1, 2013, the country’s foreign debt amounted to 50.769 billion U.S. dollars, or 38.331 billion euros, the ministry reaffirmed.

Upon the results of 2012, the Russian state foreign debt denominated in dollars increased by 41.8 percent, and denominated in euros – grew by 38.6 percent.

As of February 1, 2013, Russia’s Eurobond debt was estimated at 34.91 billion U.S. dollars, the ministry underlined in the document.

Besides, Russia’s debt to the international financial institutions was estimated at 2.004 billion U.S. dollars as of the beginning of February, the ministry said, adding that the country’s debt to the member states of the Paris Club of Creditors amounted to 311.1 million U.S. dollars, and the debt to other official creditors totalled 1.096 billion U.S. dollars.

In addition, Russia’s debt to the former member states of the Council of Mutual Economic Assistance (CMEA) amounts to 986.2 million U.S. dollars, while the commercial debt inherited from the Soviet Union totals 22.7 million U.S. dollars, the Russian Finance Ministry underlined in its report.

As of February 1, Russia’s debt on currency denominated internal governmental bonds made up 5.6 million U.S. dollars, while the country’s debt on the currency-denominated guarantees amounted to 11.309 billion U.S. dollars, the document added.

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