Russia Records Historic $4.2bn Drop in External Debt in April

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Data from Russia’s Ministry of Finance shows the country’s external liabilities fell from $61.1 billion at the end of March to $58.9 billion by the end of April. The $4.2 billion reduction is the largest monthly decline in at least 15 years. Speaking at the Russia–ASEAN forum in Kazan, the Minister of Economic Development highlighted this drop as proof of Russia’s resilience in international markets and confidence in its role as a reliable global supplier. Reports cite figures from RIA Novosti.

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