Title: Management of Equation of the Federal Budget: Foreign Debt to Russia
Abstract: The quality of state budget planning and implementation process is directly connected with issues of management of foreign state debt and foreign financial assets. The article analyzes legal regulation of foreign debt management issues in Russia, the structure of its public debt and debt of foreign states to Russia. Possible schemes of debt restructuring including write-off, buy-back, several types of conversion and securitization are described. Principles of foreign debt settlement and Russia's participation in the Paris Club are presented. The article also deals with practical problems of settlement of foreign debts owed to Russia.
Publication Year: 2005
Publication Date: 2005-04-20
Language: en
Type: article
Indexed In: ['crossref']
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