Russia’s foreign debt fell by nearly 20% in 2023, data shows ...News

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Russia’s foreign debt fell by nearly 20% in 2023, data shows
The country’s liabilities have been steadily decreasing, according to the central bank Russia’s government and its businesses have been steadily reducing the amount of money they owe to foreign lenders, the latest official data suggests. The country’s level of external debt dropped by nearly a fifth last year, reaching its lowest point in over a decade, its regulator Bank of Russia says in its annual report, which has just been made public. The central bank reports in it that, as of January 1 this year, “the external debt of the Russian Federation amounted to $316.8 billion, having decreased by $68.2 billion, or b

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