Ukraine in 2004 reduced the principal amount of its debt to the International Monetary Fund (IMF) by SDR201.8 million (16.3%) - to SDR1033.7 million, or at the special drawing rights (SDR) to dollar exchange rate at the end of last year - to 1605.3 million dollars, reports Interfax-Ukraine. \n \nAccording to the official IMF website, Kyiv paid interest in the amount of SDR30.1 million last year. \n \nAt the same time, due to the fall in the dollar to SDR exchange rate last year, in dollar equivalent Ukraine's debt to the Fund decreased slightly less - by 12.6%, or by 230.6 million dollars.
In 2004, Ukraine reduced its debt to the IMF by 16.3%
Economy · 13:16 01.02.2005
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