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Ukraine pays out almost $500 mln to creditors last month

Specifically, Kiev paid out $252.8 million to the International Monetary Fund

MOSCOW, November 9. /TASS/. In October, Ukraine paid out $495.1 million to its creditors, calculations by TASS based on data from the former Soviet republic’s Finance Ministry showed.

Specifically, Kiev paid out $252.8 million to the International Monetary Fund (IMF), $197.9 million to the World Bank (WB), $37.2 million to other creditors and $7.2 million on domestic foreign-currency government bonds.

Earlier, TASS calculated that in the first 10 months of this year, Ukraine paid out an amount equivalent to nearly 94% of its total borrowing for the same period. In January-October, Kiev’s debt repayment and servicing costs totaled $17.39 billion, while its net public sector borrowing amounted to $18.48 billion.

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