Russia reduced its foreign debt to a record level

No time to read?
Get a summary

Russia’s foreign debt decreased by 17.7 percent to 316.8 billion dollars by the end of 2023, reaching the lowest figure since 2007. should From the annual report of the Central Bank of Russia.

In the January-December period, this figure decreased by 68.2 billion dollars. At the same time, the 12-month external debt of state institutions decreased by a third to 32.7 billion dollars, and external debts related to foreign currency government bonds decreased by 9.2% to 14.8 billion dollars. declined. It reached $16.537 billion, an increase of 41.2% compared to OFZ.

As of January 1, 2024, the debt burden of the Russian economy has decreased. Thus, the ratio of external debt to GDP decreased to 15.8 percent (-0.7 points), and the ratio of external debt obligations of state institutions to GDP decreased to 1.6 percent (-0.4 points).

Moreover, the Central Bank of the Russian Federation will be in 2023 for the first time in the last six years. appeared turns into profit. The value amounted to 140.4 billion rubles.

Before that, the head of the Central Bank, Elvira Nabiullina saidHow and when will the impact of the interest rate increase appear?

Previously West warned About the decline in the role of the dollar after the seizure of Russian assets.

No time to read?
Get a summary
Previous Article

A half-naked man destroyed a butcher shop in the Urals and was caught on video

Next Article

Haaland’s father plays a role in helping him win the Spanish championship