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Article

Russia's Finance Ministry makes regular payment to pay off debt to IMF

09.06.2003 Source:
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On Monday, the Ministry of Finance of Russia has effected a regular payment to pay off the Russian Federation's debt to the International Monetary Fund (IMF).

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As RIA Novosti was told in the Ministry of Finance, the payment amounted to 27,512,000 dollars.

The next payment is scheduled for June 17.

In May-June, Russia remitted about 840 million dollars to the IMF to pay off its debt, and a total of 2.1 billion dollars is to be paid to the Fund this year.

As of January 1, 2003, Russia's debt to the IMF was estimated at 6.4 billion dollars.

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