The agreement on mutual security of Russia and Belarus has entered into force - Putin
13 March 18:27
The total public debt of Russian regions decreased by 2%
10:22; 31 January 2025 year
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As of January 1, 2025, the total public debt of the subjects of the Russian Federation amounted to 3.148 trillion rubles, which is 2% less than a year earlier, according to "Kommersant".
In particular, the volume of regional bonds decreased by 28% and reached 385 billion rubles, which reduced their share in total debt from 17% to 12%, while the amount of bank loans increased significantly by 80%, amounting to 227 billion rubles, and their share increased from 4% to 7%. The bulk of the debt still falls on budget loans from the center, which account for about 78% of all regional debt obligations, while their volume decreased slightly by 1% to 2.46 trillion rubles. The increase in the share of bank loans in the debt structure is noted for the first time in ten years. Ilya Tsypkin from ACRA explained that the reduction in the volume of bonds is due to their repayment and depreciation, and high interest rates make refinancing through bonds less attractive, Kommersant writes.
