Home / News / Ukraine / Reuters: Ukraine is not negotiating on debt restructuring

Reuters: Ukraine is not negotiating on debt restructuring

Ukraine / Business and Finance

Ukraine is close to completing negotiations on IMF loans, but not restructurize their debts, told the news Agency the Minister of Finance.

Reuters: Ukraine is not negotiating on debt restructuring

Ukraine is close to completing negotiations on additional funding from the International monetary Fund (IMF), but has no plans to restructure its debt in order to cope with the consequences of the epidemic of the coronavirus, announced Reuters Minister of Finance Igor Umansky.

"today the issues of restructuring the commercial, interstate, internal, external, any debts not discussed and was not initiated", - said Umansky Reuters by telephone early Tuesday morning.

the Government has provisionally agreed a loan deal with the IMF, totalling 5.5 billion dollars in December, but the money has not been paid yet and depend on the conduct of Ukraine's reforms and measures against corruption.

the Turbulence caused by the epidemic of the coronavirus, led to the fall of the hryvnia has led the government to ask the IMF for additional emergency assistance.

In December, Kyiv and the IMF had reached a preliminary agreement on the program of the expanded facility. According to Umansky, the government has also discussed the issue of expanding the IMF's financial support.

"We are talking about main program EFF. But in this programme, we will definitely hold discussions ... taking into account what is happening in Ukraine and the world, including the coronavirus," said he.

МЕТАЛЛУРГПРОМ
Add a comment
Сomments (0)
To comment
Войти с ВК Войти с ФБ Войти с Яндекс
Sign in with:
Войти с ВК Войти с ФБ Войти с Яндекс