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15 of May, 12:00

Yatsenyuk: Ukraine insists on debt restructuring
Ukraine insists that the creditors accepted the government's proposal for debt restructuring, said on the last working day of the week the Prime Minister of Ukraine Arseniy Yatsenyuk.

The Minister of Finance of Ukraine Natalia Jaresko Tuesday said that lenders tighten dialogues about debt restructuring, but expressed hope that they get into that position and will take into account the fact that Kiev ought to finish the negotiations by the IMF on allocation of the next tranche of financial aid. According to Yatsenyuk, the government of Ukraine firmly in its position on the need to finish the dialogue on restructuring the country's external debts.

"The country is at war, We lost 20% of the economy and appealed to our creditors with a clear position with regard to the manner and conditions of the restructuring. We ask, ask and insist that foreign lenders have realized the situation and accepted the proposal of Ukraine ", - said Yatsenyuk, speaking in the Verkhovna Rada.

The creditors ' Committee of Ukraine said that he is ready to Express support for a sensible restructuring of the country's external debt, but the debt relief is applicable, has informed on Tuesday Agency. The Ministry of Finance of Ukraine said that concerned about the lack of willingness of lenders to participate in negotiations on debt relief, but still nourishes the hope of Reaching agreements on restructuring, as planned before June.

The achievement of Kiev arrangements with holders of Ukrainian securities on the restructuring of public debt is a key prerequisite for a positive decision on the allocation of Ukraine the second tranche of IMF funds. IMF mission starts on Tuesday in Ukraine of verifying compliance with the conditions of the provision of the first tranche (us $ 5 billion, Ukraine received in March 2015).

From the results of the visit depends on the opinion on the allocation of the second tranche of aid. In the framework adopted in March 2015 of the IMF loan program allocates Ukraine, 17, 5 billion dollars, and all international creditors in total over four years - $ 40 billion, including the fifteen billion through debt restructuring.


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