MOSCOW, November 11. /TASS/. The Finance Ministry intends to keep the ratio of Russia’s national debt to GDP at the level not higher than 20% until 2030, according to the ministry’s policy plan for 2022-2027.

Previously the debt-to-GDP ratio in Russia could not exceed 22%.

"The ratio of the state debt of the Russian Federation to the gross domestic product until 2030 at the level not higher than 20% maintained," the document reads.

According to the draft budget for the next three years, Russia’s national debt will reach 29.9 trillion rubles ($496 bln), or 17.5% of GDP, by 2025.