Belarus’ foreign debt down 0.83% in July 2021 to $19.964bn

<p> MINSK, Aug 31 – PrimePress. Belarus’ state foreign debt reduced by 0.83% month on month in July 2021 to U.S. $19.964 billion as of Aug 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 July 2021 (91.62% in June 2021), the government’s short-term debt for 0% (0%), and foreign loans to companies’ against the government’s security for 8% (8.38%). </p> <p>   </p> <p> The Finance Ministry says Belarus took out external public loans in the amount of $936.3 million in Jan-Jul 2021 and transferred $1.156 billion to redeem external liabilities. </p> <p>   </p> <p> This includes $764.4m loaned from the Russian government ($450.2m repaid in Jan-Jul) and $134.1m borrowed from the International Reconstruction and Development Bank (IBRD, $59.9m), $14.9m from the China Export-Import Bank (paid to Chinese banks - $403.1m), $2.9m from the European Reconstruction and Development Bank (EBRD) and the Nordic Investment Bank ($3.2m repaid). </p> <p>   </p> <p> Also in Jan-Jul 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>

2021-09-01

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