Russia allocated EUR109.969m in debt payments to the International Monetary Fund (IMF) today, sources in the Finance Ministry reported to RBC. The payment was made in accordance with the schedule and was the second one this month.
On January 1, 2003, Russia's debt to the IMF totaled $6.5bn. In January to September, Russia allotted $1.533bn to the IMF out of $2.055bn to be transferred to the fund 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