KIEV, Nov. 22 - Kiev City state administration does not rule out more foreign borrowing of $250 million by late 2007 or in the first quarter 2008, according to the head of the chief financial department at the state administration, Viktor Padalka.

"If the situation [on the foreign markets] improves, we plan to borrow the same sum as the one supported at a session of Kiev City council by late 2007, or [borrow] it next year," he said at a meeting of the Kiev City council on Thursday.