Russia to fully repay external debt soon, finance minister says

Russia’s external debt currently stands at 10% and will soon be fully repaid, Russian Finance Minister Anton Siluanov has stated.

Speaking at the St. Petersburg International Economic Forum (SPIEF), Siluanov said he hopes there will be no such debt left, Caliber.Az reports, citing Russian media.

“We are independent of external financial infrastructure,” he added.

Russia’s external debt as of December 31, 2025, amounted to $319.4 billion (12% of GDP over the last 12 months), having increased by $9.8 billion in Q4 2025 ($14.0 billion reduction in Q3 2025).

By Bakhtiyar Abbasov