Kyiv wants to agree on a deferment of the repayment of public debt

The decision of the Cabinet of Ministers of Ukraine, published on the website of the government, says that the Kyiv authorities plan to coordinate and agree on the process of deferring the repayment of the public debt for two years.

In the decision, the Ministry of Finance of Ukraine was instructed to take the necessary measures to agree on the process of deferring the redemption of government bonds for a period of 24 months. It was about providing additional interest on loans. The payment of interest income on the bonds will also be deferred for 24 months with the accumulation of additional interest income.

An additional appendix to the document listing the terms to be negotiated and negotiated stated: “The maturity of each bond … is extended 24 months from the date of the bond’s redemption.”

Earlier, Verkhovna Rada deputy Yaroslav Zheleznyak said that Ukraine’s public debt in relation to GDP by the end of the year could exceed 91-99%.

Source: RIA Novosti

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