Increase of Russian government debt caused reduction of funds coming budget, due to the restriction of business activity and the fall in oil prices, said the head of the Ministry of Finance Anton Siluanov.

The state must continue to Fund programs to support Residents and businesses because of the coronavirus, He added.

"This situation is common practice and inherent to the great majority of countries in the world where the level of debt exceeds the assets of governments at times, and even dozens of times," explained Siluanov.

He noticed that in Russia the level of public debt remains at a safe level - below 20% of GDP and remains one of the lowest in the world.

Macroeconomic indicators in Russia say about the high stability of the economy and the financial system, finished the head of the Ministry.

As can be seen from the data of the Central Bank and the Finance Ministry, on July 1, the government deposits was 13, 217 trillion rubles, the Federal state dog of about 14, 77 trillion. Interviewed Last news experts say about that, because it will not have an impact on macroeconomic stability.



<span style="color:darkgray
sections: Politics