The Ministry of Finance will issue loans to other countries in the amount of 1.4 trillion rubles. in three years – Kommersant
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Russia will issue loans to other countries worth 1.4 trillion rubles over three years. ($15.6 billion). This follows from the draft budget law for 2024–2026, which drew attention to RBC.
Russia will spend 468.5 billion rubles on loans to other countries in 2024, 473.7 billion in 2025, and up to 479.9 billion rubles in 2026. An average of $5.2 billion annually.
At the same time, as indicated in the budget, Russia must repay loans in the amount of 99.3 billion rubles over three years. ($1.1 billion). Compared to the previous budget draft, the forecast has decreased. Previously, the Ministry of Finance planned to receive 173.2 billion rubles in 2024. (compared to 101.1 billion rubles in the new project).
According to the World Bank for 2019, Russia was the fifth largest creditor to developing countries. Its largest debtor was Belarus ($8.1 billion at the end of 2019). At that time, Bangladesh, Venezuela, India, Vietnam and Yemen owed more than $1 billion.
Read more about the financial plan for the next three years in the material “The budget has been called to the State Duma”.
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