[Solved] Which country has launched a new “Foreign debt payment system”?

[Solved] Which country has launched a new “Foreign debt payment system”?

[A] Sri Lanka
[B] Russia
[C] Venezuela
[D] Syria

Correct Answer: B [Russia]

Notes:
Russia has launched a new “Foreign debt payment system”, an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts. Russia will offer the holders of its Eurobond obligations to accept a payment system bypassing the Western financial infrastructure. Russia has not defaulted on its international debts since the 1917 Bolshevik Revolution when the Soviet Union was created.

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