The Cabinet of Ministers of Ukraine at the meeting with the participation of Poroshenko will submit a draft law on debt restructuring
The draft law on the restructuring of public debt of Ukraine will be prepared at the meeting of the Cabinet of Ministers With participation of the President of Ukraine Petro Poroshenko, said on Wednesday Prime Minister Arseniy Yatsenyuk at the meeting of the government. "The President and the country will jointly hold a meeting of the Cabinet on which We wish to prepare and give to the Parliament several draft laws "? leads RIA "Novosti" the words Yatsenyuk. for example, the Prime Minister said would be tabled in Parliament the law on debt relief. In late summer the head of the Ministry of Finance Natalia Jaresko said that Ukraine will officially invite the creditors and among them Russia to restructure debt after the approval by Parliament of the necessary package of laws. Remember that Kiev had reached agreement with creditors to write off 3, $ 6 billion bond debt totaling approximately $ 18 billion. Against this background, the international rating Agency Fitch downgraded the long-term chart Issuer default ratings of Ukraine to the level of " default inevitable." While Kiev has asked the Russian Federation " to accept the rules of writing off other creditors ". Also, the Ukrainian side said that the Russian Federation in case of disagreement with the terms of the debt restructuring of Ukraine may enter into individual dialogues. However, the Minister of Finance Anton Siluanov said that Moscow will not do it. The Russian Minister Also said that the $ 3 billion that Russia received from Ukraine, is expected to be spent on development of infrastructure. Kiev Also promised that the 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 US has urged lenders to begin without delay to perform the steps for restructuring the debts of Ukraine.