Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russia's Foreign Debt Estimated at $600 Billion for 2014
20.01.2015 22:33
Russia's Foreign Debt Estimated at $600 Billion for 2014

On Tuesday, January 20, the Bank of Russia issued a report which revealed that Russia’s foreign debt stood at $599.497 billion by the end of 2014, which is 17.7 percent lower than it was in the previous year.

      The biggest part of Russia's foreign debt is distributed among banks at $171.105 billion, as well as $10.407 billion on the Central Bank of Russia.

      The US Central Intelligence Agency (CIA) put Russia on the 22nd place in the list of countries by external debt. The leader of the list is the United States with the estimated debt of $15.68 trillion as of 2013. The second place is occupied by the United Kingdom with the foreign debt of $9.577 trillion. Foreign debt, or external debt, is money a country owes to foreign creditors.

      The most part of Russia's public debt, which was formed mostly in post-Soviet years, is currently estimated at $16.1 billion in rouble bonds and $21.44 billion in the foreign currency.

      Earlier Russian Prime Minister Dmitry Medvedev said that the country had all necessary reserves to vouch for reliable and opportune debt payments.

Author: Julia Alieva

Tags: Russian economy Russian money debt Russian banks  

Next Previous

You might also find interesting:

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Staraya Russa  Russian opera singers  Russian business  Engraving  Book Tickets for Concerts  Chelyabinsk  Russian Internet  Russian social media  Postmodernism  Yuri Gagarin  criminality  Yury Shevchuk  Valentin Pikul  Russian tourism  Sakhalin Region  the Urals region  Exhibitions in Moscow  Progress Party  Russian economy  Russian Arts and Crafts  Alexander Akilov  Mercedes-Benz Fashion Week Russia  St. Petersburg  Holland  Sokolniki  Korovin  Pavel Astakhov  Tyva Republic  Video Installations  Pavel Chukhrai  Crimea  Leningrad Region  Russian property  Russian Cinema  Omsk  Film Festivals  Summer Olympics  Russian exhibitions  Free Events  Russian science  Russian natural reserves  Russian transportation  Russian scientists  Ski resorts  Viktor Tsoi  Moscow  SahArt  the Crimea  Year of Cinema  Russian businessmen 

Travel Blogs
Top Traveling Sites