Belarusian foreign debt up 1.1% in 2014
MINSK. Feb 2 (Interfax) - Belarus had state foreign debt of $12.6 billion as of January 1, 2015, up $139.34 million, or 1.1% from the beginning of the year, adjusted for exchange rate differences, the Finance Ministry told Interfax.
Belarus had raised $5.2 billion in foreign loans in the period, including $4.53 billion from the Russian government and banks, $626.3 million from Chinese banks, $47.3 million in International Bank for Reconstruction and Development loans and $0.3 million from the European Bank for Reconstruction and Development.
Foreign debt payments and repayments in the year amounted to $4.563 billion, including $2.728 billion to the Russian government and banks, $1.263 billion to the IMF in standby loan repayments, $264.8 million on loans from the EurAsEC anti-crisis fund, $182.3 million to Chinese banks, , $107.1 million to Venezuelan banks, $14.1 million to the IBRD, $3.7 million on loans to the United States and $0.2 million to German banks.
Domestic government debt in Belarus was 48.4 trillion Belarusian rubles as of January 1, 2015, up 35.5%, or 12.7 trillion Belarusian rubles, adjusted for exchange rate differences, since the beginning of 2014.
Belarus placed $706.8 million and 2.427 trillion rubles in government and corporate bonds for individuals and legal entities. It redeemed $199.6 million and 281.8 billion rubles for individuals and legal entities.
