This October, the Russian Finance Ministry is to repay $661m in foreign debts, the Ministry reported to RBC.
Payments to official creditor countries, banks and companies will amount to $280m, including $224.362m in principle and $55.862m in interest. International financial organizations will receive $381m, including $349.528m in principle and $31.126m in interest.
In total, the 2002 federal budget has allocated about $227.091bn for repaying foreign debts this year.
Since the likes of the traditional Inauguration Day in the national Capitol are likely never to be witnessed again, take this opportunity from one who has been there to relate some truth about the experience