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19 of May, 17:00

The amount of debt payments of Ukraine for four years could reach $47 billion
Total debt payments of Ukraine for the next four years could amount to $ 47 billion, said Prime Minister Arseniy Yatsenyuk.

Ukraine's Parliament on Tuesday passed the government law that allows you to suspend payments on restructured debt.

"How long do we have to pay debts? In four years, Ukraine has to pay Only the external debt of 30 billion US dollars. In addition to external debt, we owe more domestic debt. That's an additional 17 billion dollars ", - said Yatsenyuk during his speech in the Verkhovna Rada. International partners will provide Ukraine during the same period, more than 25 billion dollars: IMF - 17, 5 billion dollars, countries and International financial institutions - 7, 2 billion.

"This year alone, the amount budgeted for external payments equal to the amount budgeted for all of the national defence and security. And That's 90 billion hryvnia we must pull out of the budget and to pay our foreign creditors for debts that have not been taken, " - said Yatsenyuk.

The Cabinet of the country hoped that due to the restructuring of Ukraine fifteen, $ 3 billion from commercial lenders, Ukraine will have the opportunity to stabilize the situation. In this case, the creditors ' Committee of Ukraine, which includes funds owning Eurobonds of the country allegedly on 8, 9 billion, were opposed to the reduction of principal, notified on the first day of the week Reuters.

The new law will be in effect until July 1, 2016. As reflected in the Annex to the document in the list of similar obligations fell and the issue of Ukrainian Eurobonds for $ 3 billion, Treasury of the Russian Federation at the end of 2013. In addition, in the case of the introduction of the Cabinet of Ministers of the moratorium creditors will not be able to pay judicial foreclose on the property. Total debt of Ukraine is determined currently approximately $ 50 billion, or suspected to 70% of GDP, And in 2015, according to forecasts of the national Bank of Ukraine, will reach 93% of GDP.

sections: Politics

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