Russia » Politics

Deputy PM thinks Russia's foreign debts are not excessive

The amount of Russia's foreign debts is not excessive. Russian Deputy Foreign Minister, Finance Minister Alexei Kudrin voiced this opinion in Washington on April 13. Kudrin is the head of the Russian delegation at the spring session of the managerial bodies of the World Bank and the International Monetary Fund. According to a World Bank report, published on the same day, the amount of Russia's foreign debts is $152bn.

Kudrin pointed out that it was not necessary to repay the debt right now. It could be restructured, and the term of its repayment could be corrected. "This is a normal practice," the Finance Minister added. The Deputy Prime Minister remarked on the fact that the sum of Russia's foreign debts made up less than 40 percent of the GDP. According to him, this percentage is lower than the respective limit set by the European Union.

The Deputy Prime Minister said that the IMF and the World Bank had already declared their readiness to provide assistance in the restoration of Iraq, following the adoption of a respective UN resolution. "The main question is at what stage the World Bank should join (this process)," Kudrin underlined. In his view, "provision of such assistance will become possible only when there is a legitimate government (in Iraq)," the Rossiya (Russia) television channel reported.

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
Comments
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Beautiful and terrifying: Russia shows video of Bulava ICBM underwater salvo launch
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin wants foreign invaders out of Syria
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
What may happen to foreign tourists traveling for 2018 World Cup in Russia
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Russian special services detain Hizb ut-Tahrir members in Crimea
Russian special services detain Hizb ut-Tahrir members in Crimea
Foreign Ministry official explains why Russia had to sell Alaska to US
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Just Words on Scraps of Paper
Just Words on Scraps of Paper
SWIFT refuses to cut Russia off, even if Washington insists