Central Bank: Russia’s external debt to GDP has updated a historical low

Central Bank: Russia's external debt to GDP has updated a historical low

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According to the analysis of the data of the Central Bank, it became known that in the first quarter of 2023, the level of the external debt of the Russian Federation in relation to the country’s GDP fell to the lowest level in history of 15%.

It is specified that, according to May reports, the volume of debt to non-residents in relation to GDP in 2022 amounted to 16.6%. These figures are the lowest since 1993.

At the same time, in the first quarter of 2023, the indicator continued to decline – 15.45%. As of the end of March, external debt The external debt of the Russian Federation, both corporate and state, in monetary terms amounted to $354.8 billion.

Earlier it was reported that, starting from August 1 of this year, the pensions of working pensioners will be recalculated. This is an annual event in which the maximum payment can increase by the value of three pension points, reminded economist Lyudmila Ivanova-Shvets.

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