Russia’s debt-to-GDP lowest in G20 – data ...News

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Russia’s debt-to-GDP lowest in G20 – data
This is a fundamental factor of economic stability, according to the country’s Accounts Chamber Russia’s foreign debt decreased for the first time in three years in 2022, official data from the country’s Accounts Chamber showed on Thursday. External debt amounted to 4.04 trillion rubles ($53.3 billion) last year, down from 4.44 trillion ($58.5 billion) in 2021, according to the department. The figure had been steadily growing in 2019 and 2020. Meanwhile, the country’s total national debt amounted to 22.82 trillion rubles ($302.7 billion) last year, putting the debt-to-GDP ratio at 17.1%, down from 18.1%. The Accou

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