Siluanov: Russia has made a proposal on the procedure of payment of the Ukrainian debt


ANTALYA, November 16. Russia has advanced to the International monetary Fund (IMF) proposal on the procedure for the settlement of the Ukrainian debt in $3 billion this was stated to journalists by the Minister of Finance of the Russian Federation Anton Siluanov, Recalling that on the sidelines of the G20 summit meeting of President of Russia Vladimir Putin with the head of the IMF Christine Lagarde.

The proposal “will be interesting”

“The Russian Federation made a proposal on the payment of Ukraine’s debt at $3 billion, the payment of which shall occur in December of the current year”, – said the Minister. He did not disclose details, but said that the proposal “will be interesting and can be used as the basis for resolving the debt problem of Ukraine to Russia”.

According to Siluanov, the proposal of the Russian Federation addressed to the debtors (Ukraine) and the IMF. Up to this the Russian Minister spoke with some European colleagues. However, the head of the Ministry of Finance of the Russian Federation, Kiev, the proposal has not yet been let out because “our Ukrainian colleagues have not yet had any proposals that are different from settlement of debt to commercial creditors”. “I have repeatedly stressed that we consider it unacceptable to speak about a restructuring, similar to commercial creditors”, – said Siluanov.

The Minister expressed the hope that Kiev will consider the proposal and “we will move from the point of view of trade-offs and decisions in the settlement (of debt)”.

About a possible meeting with the Minister of Finance of Ukraine

Answering a question of journalists, the Finance Minister said that his meeting with the Minister of Finance of Ukraine Natalia Jaresko is not yet planned, but it can happen, if Kiev will consider Moscow’s proposal.

“With the Minister of Finance of Ukraine while we didn’t plan to meet, we believe that after the last of our proposals such a meeting could take place, if our colleagues will find it possible, the implementation of our innovations,” he said. At the same time Moscow expects first reaction from the IMF and key shareholders of the Fund. “And at the same time we are ready to negotiate with the Ukrainian side”, – concluded Siluanov.