US ban on servicing Russia’s public debt comes into force

The decision of the US Department of the Treasury to terminate the general license, which allows Russia to make payments to service its public debt in dollars, has come into force. Such a decision published US Office of Foreign Assets Control.

The statement clarifies that the license expired at approximately 7:01 Moscow time. The document was not renewed. Previously, he excluded the servicing of part of the public debt from the list of anti-Russian sanctions, but now such payments in dollars have come under American restrictions.

The head of the Russian Ministry of Finance, Anton Siluanov, has already said that once morest this background, Moscow will definitely not declare a default. If the ability to pay Western structures in foreign currency disappears, payments will have to be made in rubles. The State Duma has already instructed relevant committees to study the possibility of suspending payments on external public debt, since Russia’s assets in some countries have been frozen.

Earlier, Russia introduced mirror restrictions in response to US sanctions. Moscow

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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