Business news

Belarus' external debt down 1.1% to $16.7bn in January-February 2019

MINSK, 28 February (BelTA) – As of 1 February 2019, Belarus' external debt totaled $16.7 billion, down by $0.2 billion or 1.1% from the beginning of the year (taking into account differences in currency exchange rates), BelTA learned from the country's Finance Ministry.

In January 2019, external state borrowings totaled $59.9 million, including $51.8 million borrowed from the Russian government and banks, $6.9 million from the International Bank for Reconstruction and Development (IBRD) and $1.2 million from the European Bank for Reconstruction and Development (EBRD).

In January 2019, Belarus spent $299.2 million to repay the external debt, including $209.2 million paid to the Exim Bank of China, $90 million to the Russian government.

As of 1 February 2019, Belarus' government debt totaled Br44.9 billion, up by Br0.4 billion or 1% from 1 January 2019.

The internal government debt amounted to Br8.9 billion as of 1 February 2019. Taking into account differences in currency exchange rates, the internal government debt decreased by Br8.7 million or 0.1% from the beginning of the year.

In January 2019, the Belarusian government did not place any domestic government bonds to corporations and individuals.

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