Russia’s outstanding state loans amounted to $39.4 bln as of May 1, including $15.8 bln owed by the CIS countries. More than $5 bln are restructured debts of Vietnam, India, Iraq, Yemen, Cuba to the former Soviet Union.
The largest debtor is Belarus with $7.55 bln (its debt has doubled since 2012), followed by Ukraine with $3.7 bln. Venezuela’s debt to Russia is $3.5 bln, and Cuba’s, $3 bln.
Russia also provides large loans for international nuclear projects such as a nuclear power plant in Bangladesh: Russia agreed to open an $11.38 bln credit line for it in 2016 due in 2027. Egypt will be provided with a state loan of $25 bln. Finland will receive almost $20 bln from Russia. Two nuclear power plants are also being built in Turkey ($20 bln) and Belarus ($10 bln) with Russian money.