Belarus' national debt grew by 1.9 billion rubles over a month; we managed to borrow a mere pittance on foreign markets

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February 1, 2021, the national debt of Belarus was Br59.7 billion, having increased by Br1.9 billion, or 3.3%, compared to the beginning of the year, reports the Ministry of Finance.

February 1, the external public debt amounted to $18.3 billion, having decreased by $0.3 billion (adjusted for exchange rate differences), or 1.4% YTD.

In January 2021, external government loans amounted to the equivalent of $35.7 million:

$25.5 million from the Russian government;

$10.2 million - the International Bank for Reconstruction and Development;

Repayment of external public debt in January amounted to $270.1 million:

$84 million to the Russian government;

$186.1 million to the Russian government and $186.1 million to the Chinese banks.

Domestic government debt as of February 1 amounted to 11.6 billion rubles, having increased by 1.8 billion rubles (adjusted for exchange rate differences), or 17.7% YTD. In January, domestic fx-denominated government bonds of $625.9 million were placed for legal entities and individuals, which is more than the entire last year.

January 1, 2021, the national debt of Belarus amounted to Br57.8 billion, having increased by Br13 billion, or 29% over last year. External public debt rose by 8.4% to $18.6 billion for the year.

Translated with www.DeepL.com/Translator (free version)

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