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Russian foreign debt declining year-to-date, Central Bank says

The debt dropped by 5.9% or by $22.6 bln, compared to the figure at the year start

MOSCOW, April 13. /TASS/. The Russian foreign debt stood at $357.9 bln as of April 1, 2023, the Central Bank said on Thursday,

The debt dropped by 5.9% or by $22.6 bln, compared to the figure at the year start.

"The dynamics was largely driven by the contraction of foreign debt of other sectors as regards attracted credits, including within the framework of direct investing relations, the Central Bank noted.

The Russian foreign debt totaled $380.5 bln as of January 1 of this year, the Bank of Russia said on March 29. The debt figure contracted by $101.8 bln over 2022.