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Bulgaria: Prime Minister To Consult Financial Institutions

Sofia, 18 March 1997 (RFE/RL) - Bulgaria's interim Prime Minister Stefan Sofiansky travels to Washington today for consultations with international financial institutions.

Our Sofia correspondent reports the visit follows yesterday's Bulgaria-International Monetary Fund (IMF) agreement on a plan that will allow Sofia to borrow more than $650 million. Sofiansky says the Government will continue to try to have Bulgaria's foreign debt rescheduled -- regardless of the agreement with the IMF.

Our Sofia correspondent also reports that preparations are underway for another visit to Washington by Ivan Kostov, the leader of the United Democratic Front (UDF). Kostov held talks in Washington after the election of UDF-supported candidate Petar Stoyanov, and as the Socialist government was about to resign.

Kostov is widely viewed as the likely Prime Minister, following new parliamentary elections next month.