BELARUS NEWS AND ANALYSIS

DATE:

16/12/2008

Belarusian foreign debt grows 16.5% in Jan-Sept

MINSK. Dec 16 (Interfax) - The cumulative foreign debt of Belarus grew 16.5% in the first nine months of 2008 to $14.557 billion as of October 1, the country's statistics service reported.

The foreign debt increased 3.1% in the third quarter after growing 3% in the second quarter and 9.7% in the first quarter.

The foreign debt of the non-financial sector grew 19.2% in the nine months, to $8.082 billion. Short-term debt increased by 20.8% to $6.66 billion and debt to direct investors rose 49.6% to $759.9 million.

The foreign debt of commercial banks grew 21.4% to $3.121 billion.

Government foreign debt increased by 5.3% in the nine months, to $2.144 billion. The foreign debt of monetary regulators stood at $450.6 million on October 1, down by 24.4% from the beginning of 2008.

Source:

http://www.interfax.com/3/455112/news.aspx

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