Source Pravda.Ru

Another payment will be made in clearing-off Russia's debt to the IMF

Late this week the Russian Finance Ministry will make another payment in clearing off the debt of Russia to the International Monetary Fund (IMF).

According to the Finance Ministry's spokesman, in accordance with the original time-table, this payment must be made on June 9th, Sunday. Since this is a rest-day, the money will be most likely transferred on Friday.

This payment will amount to 19,468,867 SDR - about 25 million dollars. (SDR - Special Drawing Rights, an artificial currency unit of the International Monetary Fund.) The previous payment was made on May 20th in the amount of 52,820,000 US dollars.

On the whole, in 2002 Russia plans to pay 1.5 billion dollars in clearing off its debt to the International Monetary Fund. As of January 1st, this year, Russia's debt to the Fund is estimated at the sum of 7.5 billion dollars. In January-May, about 600 million dollars were transferred to the Fund.

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Presidential candidate Ksenia Sobchak, who was accredited for the press conference by Vladimir Putin from Dozhd (Rain) television channel, asked Putin about competition at the coming election

Putin to Sobchak: We will never let them turn Russia into another Ukraine
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