Siluanov: Kiev has failed to agree with Russia on debt restructuring

Siluanov: Kiev has failed to agree with Russia on debt restructuring


The Ministry of Finance of Ukraine has invited Russia to participate in the debt restructuring trimelliate along with commercial creditors. It is noted that the dialogue will continue.

LIMA (Peru), 10 Oct. The Finance Ministry of Ukraine failed to agree with Russia on restructuring debt 3 billion dollars, told journalists the Minister of Finance of the Russian Federation Anton Siluanov.

“We (the Ministry of Finance of the Russian Federation — ed.) expressed the position about necessity of repayment of the debt of the Russian Federation. Colleagues from the Ministry of Finance of Ukraine said that they had no such money in the budget, and invited us to participate in the restructuring along with commercial creditors. What Russia’s position was the opposite: we are not a commercial lender, we are sovereign, so we find such conditions unacceptable. We agreed to continue the dialogue,” — said Siluanov after a meeting with his Ukrainian counterpart Natalie Jaresko on the sidelines of the summit “the financial twenty” in Lima (Peru).

More about the structure of the external debt of Ukraine read in the help >>