The external debt of Belarus in 2019 increased by 1.4%

Moscow, January 31 – “News.Economy.” The external state debt of Belarus at the time by January 1, 2020 amounted to $17.1 billion (27.1 per cent of GDP), an increase for 2019 taking into account differences in currency exchange rates of $0.2 billion, or 1.4%, reported the Ministry of Finance.

In the first 11 months of external debt decreased in comparison with the beginning of last year by $0.3 billion, or 1.8%. Meanwhile, in December Belarus raised from the China development Bank sovereign loan of 3.5 billion yuan (about us $500 million equivalent).

last year Belarus attracted foreign Treasury bonds in the amount of $1 billion 643,6 million (including in December at $607,2 million). In the structure of borrowed funds on the loans the government and banks of Russia have $730,2 million, Bank of China – $638,1 million bonds placed in foreign markets – $150.5 m, International Bank for reconstruction and development (IBRD) – $94.2 million, the European Bank for reconstruction and development (EBRD) and the Nordic investment Bank (NIB) – $30.6 million

According to Finance Ministry to repay foreign debt is directed in 2019, $1 billion 511,3 million (in December – $114.3 million). Including paid $625,8 million to the government of the Russian Federation, $448,4 million from Chinese banks, $353,1 million – EFSR, $78.6 million, the IBRD, $3.7 million – the Commodity credit Corporation of the United States, $1.7 mln – EBRD and NIB.

the Internal debt on January 1, 2020 amounted to 8.8 billion rubles, having decreased since the beginning of the year 1.5%, or 0.1 billion.

In 2019, the Belarusian Finance Ministry has placed on the domestic market of government bonds for $771,2 million

this was repaid in foreign currency and ruble-denominated bonds equivalent to $604,3 million of 227.2 million rubles.

Total public debt of Belarus decreased due 2019 of 1.3%, or 0.6 billion rubles – to 44.8 billion (or 33.9% of GDP) on January 1, 2020.

In 2018, the external debt of Belarus increased by 1% to us $16.9 billion (28.4% of GDP), after rising 22.6 percent in 2017. Internal debt in 2018 increased by 3.1% to 8.9 billion rubles at the beginning of 2019.

Total public debt of Belarus has increased over the 2018 to 3.2 billion rubles, or 7.6% to 45.4 billion rubles (37,3% of GDP) on January 1, 2019. Text: News.Economy