The Central Bank announced the reduction of Russia’s external debt to a minimum in 15 years

Russia’s external debt fell to its lowest level in 15 years, reports RIA News, referring to the data of the Central Bank of the Russian Federation.

Thus, according to the results of last year, Russia’s external debt decreased by 21.1% and amounted to $380.5 billion, that is, it decreased by $101.8 billion over the past year.

Russia’s external debt fell the most in 2014, when the Central Bank paid (including prematurely) $129 billion.

It is clarified that government bodies account for $46.1 billion, while the Central Bank and credit organizations owe $93.5 billion.

The most significant part of the external debt consists of borrowings in the interests of other sectors of the economy and amounts to $241 billion.

Earlier in October 2022, it was reported that the external debt of the Russian Federation decreased by $45.4 billion. The Central Bank noted that external debt decreased in almost all sectors. The exception then were the state administration bodies, the increase in debt for which the regulator called insignificant.