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 Parliament authorizes the Cabinet to impose moratorium on payment of foreign debt

The Verkhovna Rada passed the bill of the Cabinet on the moratorium on payment to foreign creditors.

This is the reported by Censor.NET correspondent.

The Verkhovna Rada has supported government bills #2899 "On Amendments to the Budget Code in connection with the adoption of the Law of Ukraine "On peculiarities of the transactions with the state, state-guaranteed and local debt" and #2898 "On peculiarities of the transactions with the state, state-guaranteed and local debt."

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The first bill was approved by 256 deputies, the second by 246.

The law refers to financial obligations of Ukravtodor (2005, 2006, 2009, 2010), Yuzhnoie design office (2011), local city council bonds issued in 2005 and 2011, and others.


 
 
 
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