Belarus asked Russia to refinance public debt

The government of Belarus sent an application to the Russian government to refinance Belarusian debt to Russian creditors. Moscow does not comment on the appeal of Belarusian partners. Follow the development of events in the broadcast: Belarus is shaken by protests all the news. The Belarusian application refers to a relatively small amount of the Belarusian public debt of $600 million with a due date in 2021. Recently, on August 25, the head of the Ministry of Finance of Belarus, Yuri Seliverstov, said that the republic was experiencing quite great difficulties in financing expenses due to a shortage in the republican budget. He announced the upcoming reduction in expenses and an appeal to Russian banks to pay about $3.6 billion this year on foreign currency public debt (of which $2 billion has already been paid). The Ministry of Finance of Belarus estimates the external public debt of the republic at $17.8 billion. In January-July, it was increased by $0.6 billion (by 3.7%). The National Bank of Belarus estimates its ZVR at $8.86 billion as of August 1. Read the story news: Economic crisis in Belarus

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