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Sep 16, 2020
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Siluanov said that the volume of the state debt of the Russian Federation in 2021-2022 will grow to 20%

Russian Finance Minister Anton Siluanov said that the volume of Russia's public debt in the next two years will grow to 20% of GDP, writes TASS.

Presenting the draft of the new federal budget, the Minister of Finance noted that in 2021 the Ministry of Finance has planned an increase in government borrowing.

According to him, maintaining the national debt at around 20% of GDP is important in terms of assessing risks and the level of long-term interest rates in the country's economy.

Earlier, Anton Siluanov spoke about the reasons for the increase in Russia's national debt.

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