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 There is visible progress in negotiations on restructuring of Ukraine’s external debt, - Finance Ministry

There has been certain progress in negotiations with creditors on the restructuring of the foreign debt of Ukraine.

Deputy Finance Minister for European Integration Artem Shevaliov stated at a briefing on Thursday, Censor.NET informs citing Interfax-Ukraine.

"Our last week's achievement, the confidentiality agreement, is important but insufficient. We need to carry out further negotiations," he said.

At the same time, he noted that the IMF will provide the second tranche of the loan to Ukraine even in the case of declaration of a moratorium on foreign debt payments.

Read more: IMF will not revise cooperation program until necessary laws are passed, - Jaresko

"The IMF will be ready to lend even if the moratorium is announced," he said.

Artem Shevaliov also noted that the Russian Eurobonds will as well be affected in the case of a moratorium on foreign debt payments.

"The wording of the moratorium reads that we have the right to announce a moratorium on securities that are included in the parameters of the deal on debt restructuring. The Russian bonds are included in the parameters of the deal. This means that if the moratorium is announced, it will cover all the debts," he added.

 
 
 
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