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Russian foreign debt contracted by $57 bln in 2023 — Central Bank

As of January 1, 2022, the Russian foreign debt stood at $478.2 bln

MOSCOW, January 19. /TASS/. The Russian foreign debt declined by 14.9% year on year or by $57.1 bln to $326.6 bln as of January 1, 2024, the Central Bank said.

"The main contribution was from reduction of commitments of other sectors under loans borrowed, including within the framework of direct investing relations. The debt of government authorities was lowered at a rapid pace, which was driven by reduced volume of Russian sovereign securities at the disposal of nonresidents, including as a result of their scheduled repayment," the regulator noted.

As of January 1, 2022, the Russian foreign debt stood at $478.2 bln.

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Central Bank of Russia

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