Kiev has made a payment in the amount of 120 million dollars on government bonds, has informed on the last working day of the week the Agency.
in case if Ukraine did It, it would expect a technical default. The national debt of Ukraine is about 70 billion dollars, of which about 40 billion foreign debt. Authorities in the framework to guide the country from a protracted economic slump conduct dialogues with creditors to write off 40% of the principal amount of the debt that is supposedly fifteen billion dollars.
in recent months, official Kyiv has held several rounds of negotiations with creditors, and also sent them a number of proposals for debt restructuring. But to any concrete results, the parties have not reached. The Ukrainian side only informs about positive progress in the negotiations " without any specifics. The head of the Ukrainian Finance Minister Natalia Yaresko said on Wednesday that the parties " are incessantly in the negotiations over the phone ".
The Ukrainian Authorities expect that the meeting of the Board of Directors of the IMF, which will take place on 31 July, will consider the issue of granting Ukraine the next tranche in the amount of 1, 7 billion.
Ukraine is already a long time in fact remains on the brink of default, the national currency over one year fell by more than 3 times. In the end, according to the Ministry of Finance of Ukraine, in January 2015 the average salary in the country amounted 3455 hryvnia, or about $ 160. This is one of the lowest figures in the EU.