Payments on the external debt of the Russian Federation in 2016 will be reduced by half


Moscow. October 21. Payments on the external debt of the Russian Federation in 2016 will be two times less than in 2015, the CBR does not see any risks, said the head of the CBR Elvira Nabiullina, speaking to the deputies of the state Duma on Wednesday.

She noted that despite the period of sanctions and the unavailability of funds in external markets, external debt of the Russian Federation from January 2014 to date, decreased by 30%.

“For the future we have less of a concern because every year these payments on its external debt is less. Next year (payments) will be approximately twice less, and the situation will improve”, – said Nabiullina, noting that the Central Bank constantly monitors the situation with debts of the Russian companies.

“There are no risks does not see”, – said the head of the Central Bank.

Total external debt of the Russian Federation as of 1 July 2015 was $555,7 billion By October 1, 2015, according to the CBR, it had fallen to $521,6 billion.