The state debt of the Russian Federation at the end of 2007 amounted to 33% of GDP
10:21 // 30.01.2008 At the end of 2007, the total state debt of the Russian Federation amounted to 33% of GDP, most of it is borrowing banks and companies, said the Deputy Prime Minister of the Russian Federation, the head of the Ministry of Finance Alexei Kudrin. According to him, RIA Novosti reports, public debt amounted to 4%. “The rest is our banking and corporate sector,” the minister said at the Russian International Forum.