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Russia's state foreign debt down 2.5% since Jan. 1 - ministry

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MOSCOW, April 20 (RIA Novosti) - Russia's dollar-denominated state foreign debt has decreased by 2.5% from $52 billion to $50.7 billion since the beginning of 2007, as of April 1, the Finance Ministry said Friday.

Its debt to the Paris Club decreased by $600 million, to $2.5 billion during the same period, the ministry said.

According to the state debt policy for 2008-2010, the share of foreign debt in the structure of overall state debt will gradually decrease.

State foreign debt is estimated at $40.7 billion by 2010, or 2.37% of GDP, while the share of state domestic debt is expected to increase from 4.6% of GDP in 2007, to 6.3% in 2010.

Overall state debt for 2010 is projected at $151.4 billion, compared to $100.9 billion in 2007.

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