The Russian authorities have been able to eliminate unnecessary liabilities by recently reducing foreign debt to an optimal level, writes Natalya Dembinskaya in an article for RIA News .
She noted that the West’s large-scale sanctions restrictions significantly complicate attracting funds into the Russian Federation. In 2021, Russia had a debt of 4.435 trillion rubles, but now the figure is at the level of 4.039 trillion. The Ministry of Finance will increase the volume of domestic borrowing, which currently amounts to 18,781 billion rubles.
The author of the document said that against the background of an aggressive anti-Russian policy, the government can still rely only on the domestic market, therefore it is necessary to fill the budget deficit.
