Monday December 22, 12:13 PM
Russia may rethink debt stance if oil below $30
MOSCOW, Dec 22 (Reuters) - Russia may reconsider its debt strategy if oil prices remain below $30 for a long time, Deputy Finance Minister Dmitry Pankin said on Monday.
'At the moment our debt strtaegy does not include external borrowing. But if the price of oil remains...below $30 for a long time, we do not exclude that we may have to reconsider our debt strategy,' Pankin told a news briefing.
He added that possible sources of funding include the domestic debt market, the World Bank, the International Monetary Fund and eurobonds.
(Reporting by Dmitry Sergeyev, writing by Toni Vorobyova) Keywords: RUSSIA DEBT/
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