Siluanov: Kiev government debt are required to have special status

Requirements of Russia to Ukraine are required to have a privileged status in comparison with the requirements of the private creditors, because the debt in 3 billion dollars is a sovereign loan, told reporters the head of the Ministry of Finance Anton Siluanov.

"except Russian, no official requirement of the creditor was not included in the program of debt restructuring of Ukraine. The IMF is going to abandon its long-standing practice not to lend to countries that have arrears to official creditors. The haste with which this is done indicates that the time to discuss changes to the rules of the Fund, coinciding with the second Ukrainian review of the IMF program, was not chosen unintentionally, " said Siluanov.

The United States along with other Western countries are preparing in the coming month to change the policy of IMF lending to allow the Fund to continue financing of Ukraine in case of Russian default on the loan, notified the journal, The Wall Stret Journal. An authorized IMF Jerry rice said later that the correction of the IMF rules on the issue of continuing payment of the borrower If default on sovereign debt is a small part of the programme of reform from 2014, it does not concern any specific country.

Siluanov has paid attention that the Russian Federation does not want Ukraine to be left without financial support in a difficult situation." However, we are concerned that the introduction of changes in Fund policies enforced by the highly politicized context of the issue of restructuring of Ukrainian debt, " he showed the head of the Russian Ministry of Finance.

"The new policy of the Fund assumes that the Fund will lend to a country that has a delay before official creditor only if the country in good faith tried, but are unable to come to a common understanding with its official creditors. However, with Russia such negotiations, Ukraine was not conducted. Moreover, Ukraine did not want to consider any alternative to the proposal to equalize the debt to Russia with debts to private creditors, " - said Siluanov.


sections: Politics