Belarus’ foreign debt down 0.26% in Aug 2021 to $19.913bn

<p> MINSK, Sep 30 – PrimePress. Belarus’ state foreign debt reduced by 0.83% month on month in August 2021 to U.S. $19.913 billion as of Sep 1, 2021 by the International Monetary Fund’s Special Data Dissemination Standards, reads a report posted on the website of the Finance Ministry. </p> <p>   </p> <p> The government’s long-term debt accounted for 92% of the total foreign debt in August 2021 (92% in August 2021), the government’s short-term debt for 0% (0%), and foreign loans to companies’ against the government’s security for 8% (8%). </p> <p>   </p> <p> The Finance Ministry says Belarus took out external public loans in the amount of $999.7 million in Jan-Aug 2021 and transferred $1.272 billion to redeem external liabilities. </p> <p>   </p> <p> This includes $813.6m loaned from the Russian government ($554.5m repaid in Jan-Aug) and $142.6m borrowed from the International Reconstruction and Development Bank (IBRD, $71.8m), $14.9m from the China Export-Import Bank (paid to Chinese banks - $403.1m), $8.6m from the European Reconstruction and Development Bank (EBRD) and the Nordic Investment Bank ($3.2m repaid). </p> <p>   </p> <p> Also in Jan-Aug 2021, Belarus paid $238.5m to the Eurasian Fund for Stabilization and Development (EFSD), $700,000 – to the US Commodity Credit Corporation. </p> <p>   </p> <p> As previously reported, Belarus’ external public debt grew by 9.56% yoy in 2020 to $20.271bn as of Jan 1, 2021, according to IMF SDDS. End </p>

2021-10-01

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