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Kremlin says national debt reduced to US$56bln

Moscow, The Kremlin Thursday said Russia’s public debt stood at more than $56 billion as of last October and that the national debt decreased 5.2 per cent from last year.The Russian government said in a statement: “Russia’s external public debt decreas…

Moscow, The Kremlin Thursday said Russia’s public debt stood at more than $56 billion as of last October and that the national debt decreased 5.2 per cent from last year.

The Russian government said in a statement: “Russia’s external public debt decreased by 5.2 per cent from the level recorded last year when it amounted to $59.702 billion to $56.59 billion recorded in October.”

The statement added: “The volume of Russia’s external public debt decreased in the first nine months of this year by $3110.3 million, a 5.2 per cent decrease.”

Source: Jordan News Agency