Belarus rolling down in debt pit
9
12:24, — Economics
The credit debt of industrial enterprises grew by one third.
As of October 1, 2010, the credit debt of industrial enterprises was 17.5 trillion rubles, which is 21.6% more than a year ago. Prices of industrial products raised by 17.8%, BelaPAN informs.
According to the National Statistics Committee of Belarus, the debt increased by 21% since the beginning of the year; the growth in September was 5%. The external credit debt was 29.2% of the total volume. In comparison with October 1, 2009, the foreign credit debt grew by 48.3%. If compared with the beginning of the year, the increase was 30.3%; the growth in September was 8.4%.
As of October 1, 2010, loan indebtedness was 33 trillion rubles, which is by 24.9% more than the indebtedness a year ago and by 14.3% more than that in the beginning of the year. The growth in September was 3.9%.
The total overdue indebtedness of October 1 was 2.6 trillion rubles demonstrating a 15.9% decrease YoY. The overdue credit debt makes 84.4% of the total overdue indebtedness (it was 85.7% in October 1, 2009).
As of October 1, 2010, the overdue credit debt was 2.2 trillion rubles, or 12.7% of the total volume of the credit debt. In comparison with October 1, 2009, the overdue credit debt decreased by 17.2%. If compared with the beginning of the year, it went down by 3.8%. In September, it increased by 2.5%. 69.8% of industrial enterprises have overdue credit debts.
The total indebtedness of October 1, 2010, was 50.5 trillion rubles demonstrating a 23.7 increase in comparison with the same period last year. The credit debt made 34.7% of the total indebtedness (this figure was 35.3% October 1, 2009).
Export
