The special Committee of creditors and Commissioners of the Ukrainian Ministry of Finance in the course of a telephone conversation are unable to reach agreement on debt restructuring, it is reported in the appeal of the Ministry of Finance of Ukraine.
in the Ministry's report also elaborates on the need "to start a dialogue on the proper allocation among the lenders of the debt burden, which would be consistent with the objectives" of the IMF loan program, reports RIA " Novosti ".
The head of the Ukrainian Finance Minister Natalie Jaresko has expressed readiness to specifically meet with the creditors, and urged the Committee " to begin a more constructive dialogue." On 4 June, the head of Ukraine Petro Poroshenko said that his country As if he had been turned out of default to protect and stabilize the macroeconomic situation, Ukraine is still in economic crisis. From the report of the international monetary Fund, "global financial stability", it follows that the second banks of Ukraine for the risk of loan defaults after Nigeria. Total debt of Ukraine is determined currently approximately $ 50 billion, in 2014 it amounted to 71% of GDP, and in 2015, according to forecasts of the national Bank of Ukraine, will reach 93% of GDP. According to the head of the Ministry of Finance of Ukraine Natalie Jaresko, dialogues Kiev with private creditors to restructure the debt obligations of Ukraine are difficult, for a positive result it will be necessary to undertake a range of measures. According to Western media, the conflict in the South-East of Ukraine has put Kiev on the brink of bankruptcy. The Ukrainian leadership is not able to pay the external debts of the country. The administration has to ask for financial assistance from the IMF and Western countries, besides the greater part of this money goes to military spending or assigned.