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Belarus' external state debt 2.4% down to $18.1bn in March

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MINSK, 30 April (BelTA) – As of 1 April 2021 Belarus' external state debt totaled $18.1 billion, $0.5 billion or 2.4% down since the beginning of the year (taking into account differences in currency exchange rates), BelTA learned from the Belarusian Finance Ministry.

In January-March 2021 the Belarusian government borrowed an equivalent of $171.5 million, including $122.7 million from the Russian government, $40.3 million from the International Bank for Reconstruction and Development (IBRD), $8.3 million from the Export–Import Bank of China and $0.2 from the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB).

In January-March 2021 Belarus spent $568.7 million to repay the external state debt, including $242.7 million to the Russian government, $189.9 million to Chinese banks, $112.1 million to the EFSD, $22 million to the IBRD, $1.5 million to the EBRD and the NIB, and $0.5 million to the U.S. Commodity Credit Corporation.

As of 1 April 2021 Belarus' state debt totaled Br59.3 billion, up Br1.5 billion or 2.7% since the beginning of the year.

The internal state debt amounted to Br11.8 billion as of 1 April. Taking into account differences in currency exchange rates, the internal state debt went up by Br1.9 billion or 19.1% since the beginning of the year.

In January-March 2021 individuals and corporations bought $721 million worth of domestic government bonds nominated in foreign and national currencies.

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