32.7 Russia's foreign debt has fallen to the lowest level in the last 17 years.
Ednews reports with reference to rusturk.com that last year Russia's total foreign debt fell to $316.8 billion, which is the lowest level since 2007.
Most of this debt belongs to large companies and financial institutions other than the state. However, most of them are controlled by the state. According to RIA, a 17.7 percent decrease in the country's foreign debt was recorded within one year. Russia's external debt, for which state institutions are directly responsible, decreased by 32,7 $v year. According to the report, the share of foreign debt in the country's GDP decreased by 0.7 percent to 15.8 percent.