BELARUS NEWS AND ANALYSIS

DATE:

05/06/2009

Belarus' foreign state debt up 34% in Jan-Apr

MINSK. June 5 (Interfax) - As of May 1, 2009, Belarus' foreign state debt had increased since the start of the year by 33.8% to $4.976 billion, the Finance Ministry told Interfax.

Direct governmental debt increased by $4.858 billion while debt incurred by enterprises with government guarantees dropped by 9.2% to $118.07 million.

Belarus' foreign state debt in ruble equivalent went up during this period by 70.6% to 13.96 trillion Belarusian rubles.

The main lenders to Belarus in April were Russia, the IMF, Venezuela, the World Bank, China and Italy.

In 2008, the country's state debt increased by 50.2% to the equivalent of 16.787 trillion Belarusian rubles after an increase of 60.3% in 2007. Foreign state debt as of January 1, 2009 went up by 59.7% to $3.719 billion. Domestic debt increased by 40% to 8.585 trillion Belarusian rubles.

Source:

http://www.interfax.com/3/498078/news.aspx

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