The payment was made by the Greek Public Debt Management Agency (PDMA).
#Greece made repayment owed to #IMF: Finance Ministry Official
— Peter Hoskins (@PeterHoskinsTV) 16 Март 2015
Greece needs to make a further payment of €350 million ($370 million) due on Friday. The country will also have to refinance €1.6 billion ($1.7 billion) of three-month treasury bills this week.
Greece has been kept afloat since May 2010 by financial aid from the EU and the IMF. The country has borrowed a total of €240 billion ($254 billion) under two aid packages from the troika of creditors comprising the European Union, the European Central Bank and the IMF.
However, the newly appointed government has to reach a deal with its creditors to unlock further bailout funds. The negotiations with a delegation of technical inspectors on the new set of reforms are still ongoing.
