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1 of July, 23:01

Ukraine and the creditors Committee agreed to the privacy


MOSCOW, 1 Jul - RIA Novosti/Prime. Ukraine and the Committee of creditors of the country have reached agreement on the terms of confidentiality and will start conversations at the level of the Minister of Finance and creditors next week, according to a press release on the Internet office of the Ministry of Finance of Ukraine.

The meeting between the delegation of Ukraine, members of the division of creditors and the IMF took place on 30 June in the headquarters of the IMF in the U.S. capital. The meeting provided an opportunity for productive exchange of views between its members according to the macroeconomic indicators of Ukraine and technical aspects of the anticipated debt transactions, said the Ministry of Finance.

The parties have agreed to dialogue in the spirit of fairness, without prior prior conditions and to achieve agreement about the terms of a debt liability operation as soon as possible, said in the release.

General state dog of Ukraine is about 70 billion dollars, of which about $ 40 billion foreign debt. Ukraine in the framework of the plan of debt repayment has asked creditors to write off 40% of the principal amount of the debt and accept a fresh bond linked to future economic performance. However, the dialogue on restructuring until not successful, Kiev sent to creditors last edited proposal did not exclude, if necessary, the imposition of a moratorium on the payment of foreign debts.

The creditors ' Committee of Ukraine said that he would insist on changing the terms of the agreement of the Ukrainian government and the IMF on debt restructuring fifteen, $ 3 billion taking into account the wishes of the Department. According to the information of creditors and their offers promise Ukraine in the future, more investment and allow earlier return to the capital market.

The creditors ' Committee headed by Fund Franklin Templeton unites holders 8, 9 billion dollars of debt. Reaching agreements with private creditors is one of the conditions for continued provision of assistance from the IMF on 17, 5 billion dollars funds and other international lenders.


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