Source Pravda.Ru

Russia to pay $17 billion of its external debt next year

Next year Russia will pay more than $17 billion of its external debt, said Russian president Vladimir Putin at a press conference in the Kremlin on Monday.

$10.8 billion of this sum is the debt itself, and $7 billion is the interest rate, he said. The current year is witnessing a peak in Russian payments.

The funds for paying off the debt in 2003 will be taken from the budget's income and will not affect the state's obligations in the social sphere, Putin stressed.

Comments
Russian gubernatorial elections: Solid winner loses vote overnight
Constantinople wants to break the spine of Orthodoxy
Saudi Arabia knows how to dismember journalists and get away with it
Explosion rips through school in Crimea, 10 killed
Saudi Arabia knows how to dismember journalists and get away with it
Saudi Arabia knows how to dismember journalists and get away with it
Two Russian spies - Chepiga and Mishkin - create new bogus story for the West
Russia and Germany develop anti-Polish collusion
Russia wants to switch the world to its own SWIFT system
Russia wants to switch the world to its own SWIFT system
Deputy head of the Crimea arrested in Moscow
Russia eyes Libya to subordinate the West to its will?
Russia sees first mass school shooting organised by 18-year-old student
Bill Clinton's Oval Office disgrace destroyed Yugoslavia
Center and peripheries in Europe - Portugal, a case of peripheral disaster
Orthodox unity splits as Russian Orthodox Church breaks ties with Constantinople
Russia develops special strategy in Africa
Russia and Germany develop anti-Polish collusion
Russia sees first mass school shooting organised by 18-year-old student
Russia sees first mass school shooting organised by 18-year-old student
Can China take it to the limit in the trade war with USA?