Question to the HM Treasury:
To ask Her Majesty’s Government what was the Soviet Union’s international debt when it collapsed in 1989, and whether they held the new Russian regime responsible for that debt at the time.
According to the OECD, the Soviet Union’s debt was $56bn in 1989 and $65bn in 1991 when the Soviet Union was dissolved. In April 1993 Russia formally announced that it was assuming responsibility for the entire external debt of the Soviet Union.