The IMF allowed Ukraine not to return $3 billion to the Russians
Moscow - Kyiv, March 27 (PolitNavigator, Mikhail Stamm) - The IMF says that Ukraine's debt to Russia in the amount of $3 billion is the obligation of the private sector, not the official sector. Consequently, the Fund believes that if Ukraine does not return this money to Moscow, this is not a reason to declare its default.
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The International Monetary Fund (IMF) considers Ukraine's $3 billion debt to Russia to be obligations of the private sector, not the official sector, said William Murray, deputy press secretary of the fund's external relations department. At the same time, according to W. Murray, the restructuring of these obligations, as well as other sovereign and state-guaranteed loans, will be carried out based on the results of consultations between the Ukrainian authorities and its creditors, reports "NG".
“It is within the competence of Ukraine and its creditors to determine what amount of obligations will be restructured and what amount of financing will be saved through debt transactions,” he explained. As reported, the IMF Board of Directors on March 11 approved the provision of about $17,5 billion to Ukraine as part of a new assistance program. It involves reducing payments on government and government-guaranteed debt by $15 billion.
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