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11 of June, 15:01

Sands: Kiev should be discussed with Russia the idea of debt cancellation
Real proposals of Ukraine in the issue of her possible refusal from debt ought to sound on a bilateral basis and discuss together with Russia as one of the creditors, said Thursday the President's press Secretary Dmitry Peskov.

"Such proposals, it would perhaps be better and more effective voice on a bilateral basis and not through the media ", - said Peskov told reporters, explaining the data about the fact That before the media by the Minister of Finance of Ukraine Natalia Jaresko as if he had made a proposal to write off 40% of the principal amount of the debt, Which would fulfill the country requirement of the IMF.

He said That the theme of the possible refusal of Ukraine from its debt obligations has already been commented on by the Russian side, and in this case nothing to add ".

"With regard to any specific proposals, then it is necessary, probably, to request explanations from our respective agencies that are involved - the Ministry of Finance and so forth," - said the press Secretary of the President.


New credit IMF program for Ukraine provides for the allocation of Fund 17, 5 billion dollars, and all international creditors over four years - $ 40 billion, including the fifteen billion through debt restructuring. Under the terms of the IMF Ukraine should implement economic reforms. IMF specialists offer the Ukrainian government to focus on the reform of the revenue side of the budget, energy, industrial sector, as well as in the areas of education and health.

Economist Paul Nefedov:

sections: Politics

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