Russia’s external debt in 2022 hits 15-year low

Russia’s external debt decreased by $101.8 billion to $380.5 billion, the lowest since 2007. This became known from data released by the Central Bank of the Russian Federation.
The decline was the largest since 2014, when external debt fell by $129 billion. The regulator noted that the reduction in the amount of external debt was facilitated by the repayment of loans, including “in the context of direct investment relations”, and the reduction of debt on sovereign securities.
The least indicator of debt to non-residents belongs to the bodies of state administration, it is equal to 46.1 billion dollars. At the same time, during the reporting period, the figures decreased by more than a quarter. The Central Bank and credit organizations account for $93.5 billion, while foreign creditors account for the remaining $241 billion.
Recall that last year, after the American decision not to renew the Russian foreign debt servicing license, Russian President Vladimir Putin signed a decree that its payment continued, but in rubles.The publication Russia’s external debt hits 15-year low in 2022