1. Problems of Determining Optimal Public Debt Ratios
Lisbon, Portugal
June 21-22, 2007
The Accounts Chamber of the Russian Federation
NikolayTabachkov, Auditor

2. The Russian Federation Public Debt Structure (by the end of the year)

3. Results of Government Securities Trading

4. The Ratio of Public Internal Debt of the Russian Federation to GDP

5. Characteristics of the Public Debt of the Russian Federation (by the end of the year)
2005
2006
The ratio of public debt to GDP, %
14,3 
9,1
The ratio of public external debt to GDP, %
10,2
5,0
The ratio of public external debt to export of goods, %
29,0
15,0
The ratio of public debt to federal budget revenues, %
60,0
39,7
The ratio of public external debt to federal budget revenues, %
42,9
21,9

6. The external debt of the Russian Federation
The external debt of the Russian Federation * (by the end of the year, bln. US dollars)
2003
2004
2005
2006
TOTAL
185,7
215,1
258,5
309,7
State authorities:
97,9
97,4
71,4
45,1
- Federal
96,7
95,7
70,2
43,6
- Sub-federal
1,2
1,6
1,5
Monetary authorities
7,8
8,2
11,0
3,9
Banks
24,9
32,5
50,2
101,2
Non financial enterprises
55,1
76,4
126,0
159,5
* to non residents on data of Central Bank of the Russian Federation

7. The External Debt of the Russian Federation in 2005-2006 (bln
The External Debt of the Russian Federation in (bln. US dollars)

8. THANK YOU