The RF foreign debt widened 33.24 percent on year to $384.8 billion.
Photo: Reuters
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Foreign Dept of Russia Up to $384Bn
The RF foreign debt widened 33.24 percent on year to $384.8 billion, the Central Bank of Russia announced.
Foreign debt of the RF government’s bodies to nonresidents lowered 41.3 percent to $40.8 billion in the first half of this year. Of this amount, new debt of Russia stood at $30.8 billion as of July 1, 2007, that is 10.5 below July 1, 2006.
The debt of former Soviet Union sank from $33.8 billion to $8.5 billion during the year. Foreign debt of bodies of monetary and credit control equaled $1.1 billion as of July 1, 2007 vs. $16.6 billion as of July 1, 2006. Foreign debt of Russia’s banks to nonresidents (less interest in capital) was $131 billion as of July 1, 2007, nearly two times above the amount posted at close of the first half of 2006.
Taken for other economy sectors, the foreign debt (less interest in capital) was $212 billion at close of the first half of this year, i.e. 1.5 fold above the respective period of the previous year.
The surge in Russia’s foreign debt was recorded far back in the first quarter, when the indicator soared to $339.3 billion.
www.kommersant.com
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