Ukraine has hopes that the international monetary Fund will continue to provide assistance to Kiev in the event of default on the debt Moscow, despite the fact that IMF rules prohibit loans to countries that fail to settle debt to sovereign creditors, said the head of the Ministry of Finance of Ukraine Natalia Jaresko.
"I'm sure we will continue the implementation of our reform programme, we will be able to cope with any potential solutions that will have a place," She said, reports news Agency Bloomberg referring to. The Minister said that She is optimistic and believes that the international monetary Fund will continue to implement its aid programme, even if the war-torn country breaks the rules of the Fund, not pay the debt on bonds worth $ 3 billion. Jaresko said that the support from the group of seven industrialized countries are strong enough to prevent the option of ending the IMF program of assistance to Ukraine in the amount of 17, 5 billion dollars of debt to Russia." The group of seven want the only reason Ukraine "pushed" from the IMF program, which It performs in all other respects ", - said Yaresko.
It Also excluded the possibility of full payments (Russia) the debt on the bonds when December 20 is the deadline for their repayment, and Moscow did not want to discuss the restructuring of the bonds. At the same time, as underlined by the Agency, " Ukraine risks losing IMF funding if the country does not effect the payment on the debt, because the rules of the Fund date the charge that it cannot provide loans to countries that fail to settle debt to sovereign creditors." In the event of default the IMF will be obliged to adjudge whether the category of public debt acquired by Russia of the Ukrainian Eurobonds." Preliminary opinion of the staff (IMF) is that bonds are required to be qualified as a state debt " - quotes Bloomberg the data obtained from informed sources in June. So Jaresko acknowledged that the Russian Federation is a sovereign holder of the debt, and not private, as before repeatedly stated the Ukrainian authorities. Thus, the head of Ukraine Petro Poroshenko, speaking about the agreement on restructuring of Ukrainian debt, said that the rules must be uniform for all creditors, and for the Russian Federation. In the Russian capital with this position of Kiev do not agree and reported that the Russian Federation does not allow the possibility of negotiations with Ukraine on restructuring the debt at $ 3 billion. Remember, at the end of summer Ukraine has agreed with creditors about write-off of 3, 6 billion dollars of bond debt totaling about $ 18 billion. While Kiev asked the Russian Federation "to accept the rules of writing off another creditors" to accept a 20 percent debt forgiveness. Also, the Ukrainian side said that Moscow in case of disagreement with the terms of the debt restructuring of Ukraine may enter into individual dialogues.

sections: Politics