KIEV, Nov. 29 - It might be expedient for Ukraine to pay off early the loans it raised from the International Monetary Fund and the World Bank, so as to cut spending on serving these loans, National Bank of Ukraine Council Chairman Petro Poroshenko said.

"The current gold and foreign currency reserves of Ukraine give grounds to say that we, probably, should start negotiations with the IMF and the World Bank on the gradual redemption of the credits.We can afford to return them," Poroshenko told the press.