Statement of the Ministry of Finance on the abolition of the draft decree of the Cabinet of Ministers of Ukraine “On the Legal Action in 2017 Regarding the State Debt”

8/9/17

Today, the Cabinet of Ministers has abolished the decree of the Cabinet of Minister of Ukraine “On the Legal Action in 2017 Regarding the State Debt” which was adopted on May 24, 2017.

No agreement could be reached between the relevant parties within the timeframe set by the Decree; given that, the Ministry of Finance will continue its negotiations with the National Bank of Ukraine to find mutually beneficial conditions for the legal action regarding the state debt aimed to reduce the debt burden in the mid-term run.

Once agreed, the draft of the corresponding decision will be presented to the Cabinet of Ministers of Ukraine for consideration.

You can mark the parts of text you like, which will be available at the link in the address bar of your browser

You can mark the parts of text you like, which will be available at the link in the address bar of your browser