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RUB20 trillion. The debt burden slowed the growth after a sharp 1.4-fold increase – from 12.3% of GDP in 2019 to 17.8% of GDP in 2020.
Domestic debt, including the placement of federal loan bonds (OFZ), increased by 4.6% in the first quarter of 2021, or by RUB683bn, to RUB15.434 trillion . Its share in the total public debt increased from 77.9% to 78.4%.
External debt in the first quarter decreased by 1.1%, or by RUB598.3mn dollars to $56.1bn dollars.
According to the latest data from the Russian Ministry of Finance as of May 1, the domestic national debt has already grown to RUB15.833 trillion . In addition, on May 20, Russia attracted €1.5bn euros on the international market during the placement of Eurobonds. As a result, the total national debt exceeded RUB20 trillion.
79 RUSSIA Country Report July 2021 www.intellinews.com