The Ministry of Finance of Ukraine explained the details of the consensus with creditors

Kiev had reached consensus with creditors to write off 3, $ 6 billion bond debt totaling approximately $ 18 billion, said the Ministry of Finance of Ukraine.
"This agreement is a very important event for Ukraine. Although the outcome of the negotiations was difficult, we managed to do it in a constructive spirit. Ukraine will receive instant and very significant debt reduction for 3, 6 billion, While maintaining its own status to trading the capital markets that has been a big plus for the economy and the banking system of Ukraine ", ? are the words of the Minister of Finance of Ukraine Natalia Jaresko in the message on the Internet office of the Ukrainian Ministry.
"We will receive funding in the amount of presumably eleven. 5 billion dollars in the framework of our program of cooperation with the IMF, which will allow us enough financial freedom. It is important that We align our desires with creditors. I urge all creditors to Express support for this operation", - has declared it. First it was claimed that Ukraine agreed with international lenders on the write-off 3, 8 billion from 19, 3 billion dollars of debt. Jaresko also said that international creditors of Ukraine will receive additional payments from Kiev, if by 2020 the economy will grow more than the forecasts of the international monetary Fund. The head of Ukrainian government Arseniy Yatsenyuk confirmed that "the expected enemies of Ukraine" default would not take place because Kiev had reached agreement with creditors. On Thursday the national Bank of Ukraine on the background of the announcement of the consensus between Kiev and the lenders decided to reduce the key rate from 28 August to 3 percentage points ? from 30% to 27% per annum. While Kiev has asked the Russian Federation " to accept the rules of writing off other creditors ". However, the Minister of Finance Anton Siluanov said that Moscow will not do it.


sections: Politics