OREANDA-NEWS. August 8, 2012. Belarus’ state foreign debt went down 1.7% on the month in May 2012 to USD 13.2 billion as of June 1, 2012 by the International Monetary Fund’s Special Data Dissemination Standards, reads the website of the Finance Ministry.
Belarus’ external debt reduced in May 2012 after the government partly paid off the principal debt on the IMF stand-by credit.
The government’s long-term debt accounted for 87.6% of the total foreign debt in May 2012 (87.7% in April), the government’s short-term debt for 0% (no change), and foreign loans to companies’ against the government’s security for 12.4% (12.3%).
In 2011, the foreign debt increased 38.3% to USD 13.4 billion.
Belarus’ main creditors are the IMF, Russia, Venezuela, Germany, the U.S. and the International Bank for Reconstruction and Development.
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