Minister Jaresko: IMF to continue support Ukraine even with Russia's loan unpaid

Ukraine's Minister of Finance Natalie Jaresko is confident about IMF's further financial support despite Ukraine's refusal to settle its debt before Russia.

Censor.NET reports citing Bloomberg.

"Ukrainian Finance Minister Natalie Jaresko said she's optimistic the International Monetary Fund will continue its aid program even if the war-torn nation breaches the lender's policy by going into arrears on payment of a $3 billion bond owed to Russia," the article reads.

She noted that support from the Group of Seven industrialized nations is strong enough to prevent the IMF from halting its $17.5 billion aid program for Ukraine over the debt due to Russia in December.

The Minister of Finance noted that the G-7 would not want to see Ukraine be pushed out of an IMF program.

Creditors, including Russia, are being asked to vote by Oct. 14 on the deal, which includes a 20 percent principal writedown of the bond bought from the regime of former President Viktor Yanukovych. Russian is opposing such terms.

Read more: Finance Minister Jaresko confirms meeting with Russian counterpart in Peru
Источник: https://en.censor.net.ua/n355105