Belarus’ foreign debt down 0.9% in Mar 2021 to $19.797bn

<p> MINSK, Apr 30 – PrimePress. Belarus’ state foreign debt decreased by 0.9% month on month in Mar 2021 to U.S. $19.797 billion as of Apr 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 91.58% of the total foreign debt in Mar 2021 (91.7% in Feb 2021), the government’s short-term debt for 0% (0%), and foreign loans to companies’ against the government’s security for 8.42% (8.3%). </p> <p>   </p> <p> The Finance Ministry says Belarus took out external public loans in the amount of $171.5 million in Jan-Mar 2021 and transferred $568.7 million to redeem external liabilities. </p> <p>   </p> <p> This includes $122.7m loaned from the Russian government ($242.7m repaid in Jan-Feb Mar) and $40.3m borrowed from the International Reconstruction and Development Bank (IBRD, $22m), $8.3m from the China Export-Import Bank, $200,000 from the European Reconstruction and Development Bank (EBRD) and the Nordic Investment Bank ($1.5m repaid). </p> <p>   </p> <p> Also in Jan-Mar 2021, Belarus paid $189.9m in debt settlement to Chinese banks, $112.1m to the Eurasian Fund for Stabilization and Development (EFSD), $500,000 – 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>

2021-05-01

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