Belarus became the main debtor of Russia in the world

Belarus (, - Belarus has become the largest debtor to Russia. This is evidenced by the published data of the World Bank for 2021.

It is reported that in 2021 the debt of Belarus to the Russian Federation increased by 1.9%, and the total amount reached $ 8.5 billion. Bangladesh ($ 4.4 billion) and India ($ 3.3 billion) are also in the top three debtors. which is almost 12% more than in 2020). Then comes Vietnam ($1.5 billion in debt), Yemen ($1.17 billion) and Afghanistan ($1.16 billion). In addition, for the first time in 30 years, Russia gave a loan to Iran - $ 6 million.

In total, at the end of 2021, the amount of debts of other countries to Russia amounted to $ 26.54 billion and increased by 7.4%, and 38 states are on the list of debtors. Asia accounted for the most — $12.6 billion, Europe — $10 billion, the Middle East — $3.05 billion, Africa — $1.35 billion, Latin America — $86.1 million.

Recall that Belarussia are building the Union State and intend to expand integration cooperation. At the same time, Moscow has been one of the main creditors of the Belarusian economy over the past decades. As of June 1, 2022, the external public debt of the republic was $ 18.4 billion, or more than 25% of GDP. In November, Minsk received another loan from Moscow for import substitution projects (105 billion Russian rubles). In addition, in early December, the Russian Federation granted the republic a deferment on the payment of credit debts.

Belarus became the main debtor of Russia in the world