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29 October 2021, 11:09

Belarus' external public debt 1.8% down to $18.2bn in January-September

MINSK, 29 October (BelTA) – As of 1 October 2021 Belarus' external public debt totaled $18.2 billion, $0.3 billion or 1.8% down since the beginning of the year (taking into account differences in currency exchange rates), BelTA learned from the Belarusian Finance Ministry.

In January-September 2021 the Belarusian government borrowed the equivalent of $1,035.9 million, including $836 million from the Russian government, $155.3 million from the International Bank for Reconstruction and Development (IBRD), $20 million from the OPEC International Development Fund, $14.9 million from the Export-Import Bank of China, and $9.7 million from the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB).

In January-September 2021 Belarus spent $1,381.3 million to repay the external public debt, including $608.8 million to the Russian government and Russian banks, $406.9 million to Chinese banks, $276.6 million to the Eurasian Fund for Stabilization and Development (EFSD), $83.4 million to the IBRD, $4.9 million to the EBRD and the NIB, and $0.7 million to the U.S. Commodity Credit Corporation.

As of 1 October 2021 Belarus' public debt totaled Br57.1 billion, Br0.7 billion or 1.3% down since the beginning of the year.

The internal public debt amounted to Br11.3 billion as of 1 October. Taking into account differences in currency exchange rates, the internal public debt went up by Br1.4 billion or 14.4% since the beginning of the year.

In January-September 2021 the Belarusian government sold $817.5 million and Br191 million worth of domestic government bonds nominated in foreign and national currencies to individuals and corporations and redeemed $132 million and Br92.2 million worth of government bonds nominated in foreign and national currencies from corporations and individuals.

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