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Economy
28 February 2017, 12:47

Belarus' external state debt down 0.7% to $13.5bn in January

MINSK, 28 February (BelTA) – As of 1 February 2017 Belarus' external state debt totaled $13.5 billion, down by $95.7 million or 0.7% from the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry told BelTA.

In January 2017 external state borrowings totaled $36.8 million, including $21.8 million borrowed from the Russian government and banks, $6.7 million from Chinese banks, and $8.3 million from the International Bank for Reconstruction and Development.

In January 2017 Belarus spent $140 million to repay the external state debt, including $44.7 million paid to the Russian government and $95.3 million to Chinese banks.

As of 1 February 2017 Belarus' state debt totaled Br36.6 billion, Br0.4 billion or 1% down from 1 January 2017.

The internal state debt amounted to Br10.4 billion as of 1 February 2017. Taking into account differences in currency exchange rates, the internal state debt increased by Br0.1 billion or 1.3% from the beginning of the year.

In January 2017 the Belarusian government sold $68.9 million worth of domestic government bonds nominated in foreign currencies to corporations and redeemed $18,200 worth of domestic government bonds nominated in foreign currencies from individuals.

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