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02.05.2017

Belarus' external state debt down 0.5% to $13.6bn in March

As of 1 April 2017 Belarus' external state debt totaled $13.6 billion, down by $65.2 million or 0.5% from the beginning of the year (taking into account differences in currency exchange rates), BelTA learned from the Belarusian Finance Ministry.

In January-March 2017 external state borrowings totaled $169 million, including $111.3 million borrowed from the Russian government and banks, $28.1 million from Chinese banks, $27.3 million from the International Bank for Reconstruction and Development (IBRD), and $2.3 million from the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NID).

In January-March 2017 Belarus spent $308.5 million to repay the external state debt, including $107.1 million paid to the Russian government, $98.9 million to Chinese banks, $13.3 million to the IBRD, $88.3 million to the Eurasian Fund for Stabilization and Development, $0.7 million to the U.S., $0.2 million to the EBRD and the NID.

As of 1 April 2017 Belarus' state debt totaled Br35 billion, Br2billion or 5.3% down from 1 January 2017.

The internal state debt amounted to Br9.6 billion as of 1 April 2017. Taking into account differences in currency exchange rates, the internal state debt decreased by Br0.7 billion or 6.4% from the beginning of the year.

In January-March 2017 the Belarusian government sold $130.1 million worth of domestic government bonds nominated in foreign currencies to corporations and individuals and redeemed $324 million and Br14.1 million worth of domestic government bonds nominated in foreign currencies held by individuals.

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