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Belarus' external state debt 2.5% down to $18.1bn in January-April

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MINSK, 31 May (BelTA) – As of 1 May 2021 Belarus' external state debt totaled $18.1 billion, $0.5 billion or 2.5% down since the beginning of the year (taking into account differences in currency exchange rates), BelTA learned from the Belarusian Finance Ministry.

In January-April 2021 the Belarusian government borrowed the equivalent of $183 million, including $123.2 million from the Russian government, $49.6 million from the International Bank for Reconstruction and Development (IBRD), $8.3 million from the Export-Import Bank of China, and $1.9 million from the European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB).

In January-April 2021 Belarus spent $637.9 million to repay the external state debt, including $272.7 million to the Russian government and Russian banks, $189.9 million to the Export-Import Bank of China, $112.1 million to the Eurasian Fund for Stabilization and Development (EFSD), $59.3 million to the IBRD, $3.2 million to the EBRD and the NIB, and $0.7 million to the U.S. Commodity Credit Corporation.

As of 1 May 2021 Belarus' state debt totaled Br58.1 billion, Br0.3 billion or 0.5% up since the beginning of the year.

The internal state debt amounted to Br11.7 billion as of 1 May. Taking into account differences in currency exchange rates, the internal state debt went up by Br1.8 billion or 18.2% since the beginning of the year.

In January-April 2021 the Belarusian government sold $726.7 million and Br137 million worth of domestic government bonds nominated in foreign currencies and the Belarusian ruble to individuals and corporations and redeemed $3 million and Br92.2 million worth of government bonds nominated in foreign and national currencies from corporations and individuals.

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