Repaying Paris
Deputy Finance Minister Wiesław Szczuka said the payment accounted for all of the money Poland owes the US through the Paris Club of creditor nations, with the exception of $96 (zł.317) million, which has been transferred to an ecological fund.
Poland is still awaiting an answer from its biggest creditor, France, on its repayment plan.
With its early payback of part of the money owed through the Paris Club of 19 creditor nations, Poland hopes to save on the high, often fixed interest rates it pays on the debt.
Poland's total debt, which amounts to EUR 12.3 (zł.51.28) billion, matures between 2005 and 2009.
Meanwhile, the Club agreed on Friday to allow Russia to repay $15 (zł.49.2) billion in debt, saying a majority of members would accept Russia's early-payment terms.
Poland is still awaiting an answer from its biggest creditor, France, on its repayment plan.
With its early payback of part of the money owed through the Paris Club of 19 creditor nations, Poland hopes to save on the high, often fixed interest rates it pays on the debt.
Poland's total debt, which amounts to EUR 12.3 (zł.51.28) billion, matures between 2005 and 2009.
Meanwhile, the Club agreed on Friday to allow Russia to repay $15 (zł.49.2) billion in debt, saying a majority of members would accept Russia's early-payment terms.
