Russian national debt rises  ...News

Russia Today - Economy
Russian national debt rises 
source : Russia Today ( News ) () 66
State borrowing grew by 11.6% between January and September Russia’s state debt grew by 11.6% in the first nine months of the year as the government borrowed funds to plug a budget gap, RIA Novosti reported on Wednesday.   State borrowing between January and September soared, with debt reaching 17% of Russia’s GDP, data showed.   Officials pointed out that even with a noticeable rise, national debt remains below 20% of GDP, placing Russia among the countries with the lowest level of state arrears. By comparison, state debt in the US and Italy exceeds 100% of GDP, while in Japan it stands at 260%.   According to ec

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