Ukraine's state debt reduced by $3 bln, - Minister Jaresko


Ukraine has managed to reduce its state debt by $3 bln.

As reported by Censor.NET referring to UNIAN, Minister of Finance Natalie Jaresko announced it on air of 5 Channel.

She recalled that the Cabinet had decided to issue as part of restructuring its international debt new Eurobonds worth $12 bln to be given to Ukraine's sovereign creditors in exchange for the previous ones. Moscow is the only creditor unready for any concessions, demanding to return money Putin lent to Yanukovych back in 2013.

Read more: Final step towards Ukraine's debt restructuring made, - Minister Jaresko

"It eventually will ease the country's debt burden, as we have completed restructuring 13 out of 14 Eurobonds. Thus, we have reduced our debt by $3 bln. Moreover, we have postponed our payments until later time in future. It will give us time to breathe, to make use of the available resources for boosting our real economy," the minister said.

As previously reported, Minister of Finance Natalie Jaresko stated that Ukraine could not pay Russia $3 bln borrowed by Ukraine's former president Viktor Yanukovych, as the Russian Federation had not acceded the restructuring program.
Источник: https://censor.net.ua/en/n360459