February 18, 2021

COVID-19

Coronavirus COVID-19

RBC expects net debt to Russia returned to positive

Net public debt of Russia again began to show positive values on a background of pandemic coronavirus, virtually any reaching 1.55 trillion as of July 1, 2020. On Thursday, the newspaper reports RBC with reference to statistics of the Ministry of Finance and the Central Bank.

According to RBC, the Federal government debt on 1 July amounted to virtually any 14.77 trillion, while liquid reserves $ 13,22 trillion virtually any. As told in the press service of the Ministry of Finance, the main factor in the reduction of deposits of the state was the deal on the purchase in April by the government of a controlling stake in Sberbank from the Central Bank for virtually any of 2.14 trillion.

In September 2019 edition of the RBC with reference to the data of Ministry of Finance and the Central Bank reported that the net public debt of the Russian Federation became negative for the first time after the introduction of sanctions and falling oil prices in 2014.

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