Source Pravda.Ru

Russia to make another payment to IMF

Russia will pay $23.41m and EUR3.125m in debts to the International Monetary Fund today. The payment, which is equal to 19.468 SDRs, will be made in strict accordance with the original payment schedule. This will be the third and the last payment this month. On the whole, Russia is to pay about 80m SDRs (about $110m) to the IMF in August 2003. The first payment totaling $28.848m (about 20m SDRs) was made on July 28, instead of August 1, due to the IMF's request. The second payment totaling $54.3m (38.94m SDRs) was made on August 11. This year Russia is to pay about $2bn (1.559bn SDRs) to the Fund. On the whole, the total amount of Russia's payments in debts is $17.3bn in 2003.