Russia slashes its foreign debt by $21.3 billion in 2020

Russia’s foreign

Russia’s foreign debt dropped $21.3 billion and totaled $470.1 billion as of January 1, according to the latest data revealed by the central bank.

“Decreases in debt liabilities to non-residents were observed for all sectors of the economy, of which the most noticeable decline was registered for other sectors under credits,” the regulator said.   

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