debts

Russia’s public debt up by nearly 40% in 2020

Russia's public debt increased by 39.9% in 2020 to 18.99 trillion rubles ($257 bln), which is 17.8% of GDP, according to the documents published by the the Accounts Chamber. "The public debt of the Russian Federation in 2020 …

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IMF approves six monthsdebt relief for 25 countries

The Executive Board of the International Monetary Fund approved relief on debt service for 25 member countries that are eligible for support from the Catastrophe Containment and Relief Trust (CCRT), the IMF said. The approval …

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Russia's foreign debt shrinks as rouble weakens

Russia’s total external debt shrank in the first quarter to its lowest level since 2009, the central bank said, posing few extra risks for the already battered rouble and helping Russia withstand coronavirus-related shocks. …

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Global debt hits new record

Total worldwide debt sat close to a record $253 trillion by the end of 2019, the Institute of International Finance estimated. This represented an increase from $250.9 trillion at the end of the second quarter of 2019. …

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Kadyrov asks to write off Chechnya’s gas debts

Head of the Russian republic of Chechnya Ramzan Kadyrov asked the government and Gazprom in his Telegram channel to write off households’ gas debts. He said that the gas distribution network of the republic was …

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Russians cannot get out of debt?

The Russians scored a record number of loans in 2018. The average debt burden of Russian families increased from 22% to 27%.  Russian people's current total debt is 14.86 trillion rubles. According to the …

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One third of Russians are in debt

Every third citizen of Russia (32%) make payments towards a loan, according to the research conducted by the Magram Market Research agency. Two thirds of them (63%) pay cash loans, 37% pay mortgage loans. Most often, Russians with …

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Debt fever accelerates in Russia

Russian total banking debt volume increased by 22.8% in comparison with an increase of 13/2% in 2017 to 14.9 trillion rubles, according to the Russian Central Bank's review of the Russian banking sector. This is a …

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Global debt hits $184 trillion

Global debt hit a record $184 trillion in 2017, equivalent to more than $86,000 per person - more than double the average per-capita income. Overall, the amount of worldwide public and private debt is equal to about 225% of gross domestic …

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Global debt hits record $247 trillion

The amount of debt held by both mature and emerging markets tracked by the Institute of International Finance (IIF) rose to a record $247 trillion in the first quarter of 2018, up 11.1% from the same period a year ago. The report …

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Georgia trying to contain banks

An unexpected ally of the government in this process was the main opponent of the current authorities, former President Mikhail Saakashvili

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Russia has external debt of $529 billion

Russia's external debt, as of the 1st of January 2018, amounted to $529.084 billion, according to the Bank of Russia's estimates.  In comparison with the beginning of the previous year it has increased by $15.0 …

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Russia to pay off last Soviet debt

Russia will pay off an outstanding foreign debt of the Soviet Union in full by transferring $125.2 million to Bosnia and Herzegovina, the Russian Deputy Finance Minister Sergei Storchak said. "Bosnia and …

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