Russia pays off balance of Soviet Union’s foreign debt

Russia pays off balance of Soviet Union’s foreign debt

Moscow made the final payment on the remaining foreign debt inherited from the Soviet Union. Russia took on the debt after the other former Soviet republics refused to pay. “The debt to Bosnia and Herzegovina in the amount of $125.2 million has been settled in accordance with the agreement between the Government of the Russian Federation and the Council of Ministers of Bosnia and Herzegovina,” the Russian Finance Ministry said on Tuesday.

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