Net debt means that the government's assets do not cover the amount of federal debt.
As the newspaper notes, on April 1, the volume of liquid funds placed in the Central Bank and commercial banks amounted to 17 trillion rubles, while the volume of the federal public debt reached 14.5 trillion rubles.
“However, on June 1, the national debt and reserves were almost equal (at around 14.3-14.4 trillion rubles), and on July 1 (the most relevant data), the public debt already exceeded government deposits by 1.55 trillion rubles,” the text says. ...
Earlier it became known that Russia has reduced its investments in the US national debt to $ 5.4 billion.
According to the US Treasury Department, since the beginning of 2020, Moscow's total investment in US Treasury bonds has almost halved.