Russia gov't loans up 8.43 pct in 1st quarter
Xinhua, May 31, 2016 Adjust font size:
Russia's government loans have increased by 8.43 percent to 43.31 percent of the whole regional debt in the first quarter of 2016, contributing to the major part of the latter's increase in the same period, the Russian newspaper Izvestiya reported Tuesday.
In a whole, the regional debt has exceeded 2.35 trillion rubles (35.6 billion U.S. dollars) with an increase of 1.5 percent, the report said.
In the first three months of 2016, the share of commercial loans in the whole debt shrank by 7.38 percent to 34.26 percent, the report added.
Russia's regional debt has risen by 500 percent since 2007. Endi