Elected representatives of the Opposition bloc introduced to the Parliament the proposal to make a parliamentary Commission to investigate the circumstances surrounding the signing of the contract by the Ministry of Finance of Ukraine and the Committee of creditors about pre-conditions for sovereign debt restructuring, informs the press service of the Parliament.
On Tuesday in Rada registered a draft resolution on the establishment of an investigative Commission of the Verkhovna Rada on investigation of circumstances of the signing of the August 27, 2015 agreement Between the Ministry of Finance and the special Committee of creditors about pre-conditions for restructuring the 14 state and state-guaranteed Eurobonds with a total principal amount of about $ 18 billion, is notified on the Internet office of the Ukrainian Parliament
the head of Ukraine Petro Poroshenko said that the overall efforts of the Ukrainian authorities would prevent a default on the country and conduct macro-financial stabilization. Ukraine has agreed with creditors to write off 3, $ 6 billion bond debt totaling approximately $ 18 billion. Against this background, the international rating Agency Fitch downgraded the long-term chart Issuer default ratings of Ukraine to the level of " default inevitable." While Kiev has asked the Russian Federation " to accept the rules of writing off other creditors ". Also, the Ukrainian side said that the Russian Federation in case of disagreement with the terms of the debt restructuring of Ukraine may enter into individual dialogues. However, the Minister of Finance Anton Siluanov said that Moscow will not do it. The head of the Ministry of Finance Also said that the $ 3 billion that Russia received from Ukraine, is expected to be spent on development of infrastructure. Kiev Also promised that the international creditors of Ukraine will receive additional payments from Kiev, if by 2020 the economy will grow more than the IMF predicts. The US has urged lenders to begin without delay to perform the steps for restructuring the debts of Ukraine. However, experts believe that the Ukrainian economy has not yet reached the bottom, and the Treaty of Kiev with creditors on debt restructuring was perceived by investors as, in fact, the respect of Ukraine's insolvency.