Posted 2 марта 16:32

Published 2 марта 16:32

Modified 2 марта 16:51

Updated 2 марта 16:51

The national debt of the country at the beginning of 2023 amounted to 15.1% of GDP

2 марта 2023, 16:32
This was announced by the Minister of Finance of the Russian Federation Anton Siluanov.

The head of the department recalled the implementation of an "irresponsible budget policy".

"This is both a budget rule and a low debt. Our debt at the beginning of this year amounted to 15.1% of GDP. And this is our advantage, which gives us the opportunity to maneuver in terms of operations in the financial market and opportunities for borrowing, financing budget expenditures in the future", - Siluanov said.

Over the past year, the amount of domestic and foreign debt has increased from 20.9 trillion rubles to 22.8 trillion rubles.

At the beginning of the year, Kazakhstani companies began to actively purchase Russian government debt bonds, buying them for $1.4 billion. Analysts recognize the risks of investing in OFZ due to "a high level of volatility in stock markets, low liquidity and the threat of secondary sanctions related to the geopolitical situation".