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27 of August, 23:30

The Department of the Treasury: debt relief will enable the Ukrainian economy to recover

MOSCOW, 27 Feb - RIA Novosti/Prime. Consensus of Ukraine with creditors on restructuring the country's debt increase the chances for economic recovery, says U.S. Treasury Secretary Jacob Lew.

The Ukrainian government on Thursday adopted the provisional rules of sovereign debt restructuring, including its perimeter redeemed Russia Eurobonds for $ 3 billion. According to these agreements, Kiev will write off 20% of the debt to 3, $ 6 billion from $ 18 billion in debt to a number of private lenders.

"This agreement will help strengthen the state budget of Ukraine, will give the authorities a break for the execution of an ambitious plan of reforms and strengthen the foundations for economic recovery and a preferential increase in the private sector ", - quotes Agency the message of the Ministry of Finance of the USA.

The Minister of Finance of the United States welcomes the agreement of Ukraine for restructuring, the report says.

"We call on the creditors, which will be carried out restructuring, to act quickly in order to finish the steps needed to enable this operation, which is crucial for the prosperity of Ukraine in the future," concluded Liu.

sections: Politics

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