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Russia’s state debt drops by more than 2% in 1H 2013

July 24, 2013, 17:26 UTC+3

Russia’s state debt decreased by $1.201 billion to $49.568 billion

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MOSCOW, July 24 (Itar-Tass) - Russia’s state debt decreased by 1.201 billion U.S. dollars (2.4 percent) in the first half of 2013 to 49.568 billion U.S. dollars, according to the socioeconomic monitoring report released by the Ministry of Economic Development on Wednesday, July 24.

In rouble terms, the foreign debt stood at 1.621 trillion roubles as of July 1, an increase of 3.4 percent (53.06 billion roubles) from June 1.

In the first six months of the year, the country’s foreign debt increased by 79.33 billion roubles (5.1 percent) due to the weakening of the national currency against the U.S. dollar.

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