26 C
Dhaka
Thursday, June 20, 2024

Russia is able to pay its foreign debts: Bank of Russia

Business Desk

Russia is able to pay its foreign debts, Governor of the Bank of Russia Elvira Nabiullina said at a press conference on Friday.

“From the point of view of financial resources, we have the possibility and the ability. We also have the desire to pay, and the Finance Ministry has shown all options. Typically, problems with paying sovereign obligations are caused by budgetary issues. We don’t have such issues. Once again, we have all of the resources we need to pay off our debts,” she said.

According to Nabiullina, Russia’s issues stem from technical challenges in repaying sovereign debt in foreign currency, as well as restrictions on international banking operations. She stressed that the state’s obligations to Russian citizens and Russian residents who purchased federal loan bonds are unaffected by this situation.

Related News

How Railway Officer Monjur-Ul-Alam Chowdhury thinks about ‘Bangabandhu’

Staff Reporter "It is not possible for anyone to repay the debt of Bangabandhu Sheikh Mujibur Rahman, the greatest...

Bangabandhu Sheikh Mujib Mobile Railway Museum gaining popularty among students

Staff Reporter Bangabandhu Sheikh Mujib Mobile Railway Museum has been gaining popularity among the students after its launching.

One Ummah performed Qurbani of cows, sheep, goats

Sylhet Correspondent On the 10th and 11th July, One Ummah carried out the Qurbani of 20 cows and 100...

Stay Connected

1FansLike
0FollowersFollow
0SubscribersSubscribe

Latest

How Railway Officer Monjur-Ul-Alam Chowdhury thinks about ‘Bangabandhu’

Staff Reporter "It is not possible for anyone to repay the debt of Bangabandhu Sheikh Mujibur Rahman, the greatest...

Bangabandhu Sheikh Mujib Mobile Railway Museum gaining popularty among students

Staff Reporter Bangabandhu Sheikh Mujib Mobile Railway Museum has been gaining popularity among the students after its launching.

One Ummah performed Qurbani of cows, sheep, goats

Sylhet Correspondent On the 10th and 11th July, One Ummah carried out the Qurbani of 20 cows and 100...

Chailar Char deserves more attention of govt to flourish

Hemayet Hossain back from Chailar Char, Kathalia (Jhalakati) Chailar Char, an exceptional floating tourist center is being developed on...

One Ummah performed Qurbani of cows, sheep, goats

Sylhet Correspondent On the 10th and 11th July, One Ummah carried out the Qurbani of 20 cows and 100...