OREANDA-NEWS. August 13, 2012. Belarus’ state foreign debt went up 4% on the month in June 2012 to USD 13.7 billion as of July 1, 2012 by the International Monetary Fund’s Special Data Dissemination Standards, reads the website of the Finance Ministry.
Belarus’ external debt increased in June 2012 after the government drew more loans from the International Bank for Reconstruction and Development (IBRD), the EurAsEC Financial Bailout Fund and a few Chinese banks.
The government’s long-term debt accounted for 88% of the total foreign debt in June 2012 (87.6% in May), the government’s short-term debt for 0% (no change), and foreign loans to companies’ against the government’s security for 12% (12.4%).
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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