Russia slashes its foreign debt by $21.3 billion in 2020 ...News

Russia Today - Economy
Russia slashes its foreign debt by $21.3 billion in 2020
source : Russia Today ( News ) () 24
Russia’s foreign debt dropped $21.3 billion and totaled $470.1 billion as of January 1, according to the latest data revealed by the central bank. “Decreases in debt liabilities to non-residents were observed for all sectors of the economy, of which the most noticeable decline was registered for other sectors under credits,” the regulator said.        The decline reportedly amounts to 4.33 percent compared to the beginning of last year. The central bank added that the country’s debt grew 1.39 percent during October-December 2020 versus the previous quarter. Also on rt.com S

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