MOSCOW, June 30 As of April 1, the external debt of the Russian Federation amounted to 354.8 billion dollars, having decreased by 25 billion since the beginning of the year, 9 billion dollars, or by 6.8%, according to the Central Bank of the Russian Federation.
«The external debt of the Russian Federation has decreased by $25.9 billion since the beginning of 2023 and amounted to $354.8 billion as of April 1, 2023,» the message says.
According to the Central Bank, Russian external debt In 2006, it amounted to 313.2 billion dollars, and already in the first quarter of 2007 it increased to 355.6 billion dollars. Thus, the current level of debt has become the lowest since the end of 2006.
This was due to a further reduction in all components of external debt. Thus, the debt of government bodies fell by 12.3% — to 40.4 billion dollars, the Central Bank and banks — by 2.1%, to 91.6 billion dollars, and the rest of the economy — by 7.6%, to 222, $7 billion.
«The external debt of the Russian Federation reached its historical maximum on July 1, 2014 at the level of $732.8 billion, then its relatively stable decline began due to sanctions and the withdrawal of capital by non-residents abroad», — recalled the head of the analytical department of the BKF Bank Maxim Osadchiy.
At the same time, after the special operation, the decrease in external debt accelerated sharply — from the level of $475.9 billion on July 1, 2022 to $354.8 billion on April 1, 2023, he recalled . «So the reduction of Russia's external debt in the first quarter of 2023 is a continuation of a long-term trend that will undoubtedly continue,» the analyst concluded.