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Ukraine repays high-interest loans after borrowing in 2005: ministry
Journal Staff Report

KIEV, May 25 ??“ Loans borrowed by Ukraine in 2005 will allow the country to save around UAH 1.5 billion in coming years, the Finance Ministry reported in a statement posted on its Website.

"The given transactions [on re-financing old debts with new, less expensive loans] allowed Ukraine to save budget funds of UAH 258.8 million allocated to serve the national debt in 2005,??? the ministry said. ???The total saving of budget funds over next years will be around UAH 1.474 billion, which helps to support economy."




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