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Wednesday, 06 April 2011

Belarus’ foreign debt up 0.9% in February

MINSK, 6 April (BelTA) - In February 2011 Belarus’ domestic debt went up by 4.3% to make up Br9707 billion as of early March, BelTA learnt from the Finance Ministry. The debt guaranteed by the government increased by 5.9% to Br7667.9 billion and accounted for 79% of the total public debt. The debt of the central government shrank by 1.3% to Br2039.1 billion. According to the Finance Ministry, in February the foreign public debt of the Republic of Belarus increased by 0.9% and totaled Br32103.9 billion (around $10.6 billion) as of 1 March 2011. The debt guaranteed by the government makes up nearly Br731.4 billion, or 2.3% of the gross foreign debt. This index increased by 13.9% in February. The debt held by the central government is equal to Br31372.5 billion, or 97.7% (almost all debt is long-dated). It decreased by 0.6% over the period under review, the Finance Ministry noted. The general level of debt grew 1.6% in February to a total of Br41.81 trillion as of early March.

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