Feb 24, 1998, 12:01 AM
News Code: 9120848
0 Persons
club paris to payments debt of terms to agree britain russia, have britain and russia -- irna/itar-tass/acsna 24, .feb london, paris the to debt moscow's of rescheduling of terms the to agreed .club interest approved not had which creditor last the was britain payments debt foreign its of part as russia by paid be to rates .years 25 for stretched interest the that itar-tass told zadornov mikhail minister finance same the is this .debt total the of percent 25.7 at set been has rate russia however, .pay to required are borrowers other all that amount .years several first the during interest pay not will conference international the in part take to london in was zadornov .development economic and employment on its reduce to managed russia policy, financial balanced a to owing have we time first the is this .dollars billion 5.0 by debt foreign down slowed also have growth debt internal .result a such reached .said he considerably, rather remains deficit budget that admitted he time, same the at .year last gdp of percent 5.6 reached and high which percent 5 to down it get to try to going are we year this and foreign the of servicing the with solely connected be will be will costs, servicing debt less deficit, primary .debt internal .said minister the percent, zero foreign of cost the reducing of ways the of one that believes he the .redemption securities of period the extend to is servicing debt into securities nine-months and six- convert to plans government .years five to three of redemption of period a with shares only expenditures budget financing been has government the far so there that indicate factors objective all but .credits foreign from .months four last the in revenues budget in growth positive been has monetary international the with disagreements have not does russia .said zadornov programme, financial the over (imf) fund zak/jh end