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31 May 2017, 18:45

Belarus' external state debt 1.9% up to $13.9bn in January-April

MINSK, 31 May (BelTA) – As of 1 May 2017 Belarus' external state debt totaled $13.9 billion, up by $258.5 million or 1.9% from the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry told BelTA.

In January-April 2017 external state borrowings totaled $530.3 million, including $300 million borrowed from the Eurasian Fund for Stabilization and Development (EFSD), $160.7 million from the Russian government and banks, $32.2 million from Chinese banks, $34.6 million from the International Bank for Reconstruction and Development (IBRD), and $2.8 million from the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB).

In January-April 2017 Belarus spent $337 million to repay the external state debt, including $119.6 million paid to the Russian government, $98.9 million to Chinese banks, $29.3 million to the IBRD, $88.3 million to the EFSD, $0.7 million to the USA, and $0.2 million to the EBRD and NIB.

As of 1 May 2017 Belarus' state debt totaled Br35.9 billion, Br1.1 billion or 2.9% down from 1 January 2017.

The internal state debt amounted to Br9.9 billion as of 1 May 2017. Taking into account differences in currency exchange rates, the internal state debt decreased by Br0.3 billion or 3.3% from the beginning of the year.

In January-April 2017 the Belarusian government sold $356.7 million worth of domestic government bonds nominated in foreign currencies to corporations and individuals and redeemed $399 million and Br33.3 million worth of domestic government bonds nominated in foreign currencies and Belarusian rubles from individuals.

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