Projects
Government Bodies
Flag Friday, 19 April 2024
All news
All news
Economy
30 June 2016, 18:27

Belarus' external state debt up 5.1% up to $13.1bn in January-May

MINSK, 30 June (BelTA) – As of 1 June 2016 Belarus' external state debt totaled $13.1 billion, up by $637.8 million or 5.1% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry told BelTA.

In January-May 2016 external state borrowings totaled $855.8 million, including $500 million borrowed from the Eurasian Fund for Stabilization and Development (EFSD), $188 million from the Russian government and banks, $141.6 million from Chinese banks, $25.9 million from the International Bank for Reconstruction and Development and $0.3 million the European Bank for Reconstruction and Development.

Since the beginning of the year Belarus has spent $302.1 million to repay the external state debt, including $88.3 million paid to the EFSD, $125 million to the Russian government, $67.7 million to Chinese banks, $20.4 million to the International Bank for Reconstruction and Development, $0.7 million to the United States.

The internal state debt amounted to Br94 trillion as of 1 June 2016. Taking into account differences in currency exchange rates the internal state debt decreased by Br3.5 trillion or 3.6% since the beginning of the year.

In January-May 2016 the Belarus government sold $605.8 million and Br2.6 trillion worth of domestic government bonds nominated in foreign currencies and Belarusian rubles to corporations and individuals. The government redeemed $1,004.9 billion and Br4.125 trillion worth of government bonds from individuals and corporations.

As of 1 June Belarus' state debt stood at Br352.9 trillion, up Br24.3 trillion or 7.4% since the beginning of the year.

Subscribe to us
Twitter
Recent news from Belarus