Russia has classified the loan for a billion dollars


www.vsyako.netPhoto: Alexei Druzhinin / RIA Novosti

Five months in 2019 Russia has allocated a budget of 79 billion rubles for lending to foreign governments. It follows from the data of the Federal Treasury and the budget amendments, the newspaper “Izvestia”.

In addition, the programme for the issuance of intergovernmental loans increased from 236 to 293 billion rubles. The publication notes that it was the largest lending program in the last five years.

However, borrowers, purposes of loans and their rates are not disclosed. Deputy Finance Minister Sergei Storchak declined to comment on the situation, stating that it was classified. The chamber on the question of detail also refused.

According to analysts, Russia has become a creditor of one or two countries from abroad, as loans to the CIS countries traditionally advertised.

In April it was reported that Venezuela had repaid part of the debt to Russia, despite the difficult economic situation in the country. The loan to Venezuela from Russia was granted in 2011.

Video, photo All from Russia.


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