Belarus’ foreign debt up 1.64% in June 2021 to $20.132bn

<p> MINSK, Jul 30 – PrimePress. Belarus’ state foreign debt grew by 1.64% month on month in June 2021 to U.S. $20.132 billion as of July 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 91.62% of the total foreign debt in June 2021 (91.39% in May 2021), the government’s short-term debt for 0% (0%), and foreign loans to companies’ against the government’s security for 8.38% (8.61%). </p> <p>   </p> <p> The Finance Ministry says Belarus took out external public loans in the amount of $729.3 million in Jan-Jun 2021 and transferred $881.2 million to redeem external liabilities. </p> <p>   </p> <p> This includes $629m loaned from the Russian government ($364.5m repaid in Jan-Jun) and $82.5m borrowed from the International Reconstruction and Development Bank (IBRD, $59.9m), $14.9m from the China Export-Import Bank (paid to Chinese banks - $214.4m), $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-Jun 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> <p>   </p>

2021-07-31

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