According to the Accounts Chamber, the external state debt of the former USSR and the Russian Federation to foreign powers, which was supposed to be extinguished by deliveries of goods and services as of January 1, 2012, was $ 1.47 billion. By January 1, 2017, Russia managed to reduce it to $ 400 million. Thus 73% of the debt was returned.
The Accounts Chamber clarified that it was in 2016 that the Russian Federation paid off with Macedonia on the commodity turnover between the state and the USSR. Russian experts have built a pipeline for the republic. Thus, the country fully repaid the debt in the amount of $ 60.56 million.
Meanwhile, according to the auditor Tatyana Manuylova, it was not sufficiently effective. As a result, 30% of the debt was paid for by services, and 70% by money. This was a consequence of the lack of a clear methodology for forecasting the amount of this type of financing.
The Accounting Chamber decided to send the results of the audit to the State Duma and the Council of Federation. The Ministry of Finance will be made representation.