Russia’s foreign debt decreases by 2.2% in Jan-Aug to $54.55 bln

Business & Economy September 26, 2014, 19:31

The debt stood at $55.79 billion as of January 1, 2014 and $54.6 billion as of August 1

MOSCOW, September 26. /ITAR-TASS/. Russia’s state debt (including the former Soviet Union’s commitments) decreased by 2.2% in the first eight months of the year to $54.55 billion, the Finance Ministry said on Friday.

The debt stood at $55.79 billion as of January 1, 2014 and $54.6 billion as of August 1, the ministry said.

The debt to the Paris Club of official creditors (not subject to restructuring) was $106.2 million as of September 1; the debt to non-Paris Club creditors had not changed and stood at $924.5 million.

Financial obligations to former Council for Mutual Economic Assistance countries shrank by $11.3 million to $898.4 million; the debt on foreign loan bonds decreased from $40.006 billion to $39.99 billion.

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