HomeEconomyThe Cabinet of Ministers...

The Cabinet of Ministers imposed a moratorium on Eurobonds payments

Photo: Athletistic

The Cabinet of Ministers also instructed the Ministry of Finance to issue bonds for the country’s external government loans in 2024 in accordance with agreed conditions.

The Cabinet of Ministers took advantage of the right granted by the Verkhovna Rada and introduced a temporary moratorium on Ukrainian Eurobonds payments. This is confirmed by the corresponding resolution No. 865 of July 31. The implementation of transactions with government debt and government-guaranteed debt in 2024 was published on the official government portal.

The government, by its decision, in accordance with this law, transferred the guaranteed state debt of the former Ukravtodor on the perimeter of the public debt and ordered its restructuring (we are talking about a series of Eurobonds for 2021 for a total of $700 million + interest).

The Ministry of Finance was ordered to place (issue) bonds of external borrowing of the government of Ukraine in 2024 in accordance with the agreed conditions, providing payments to creditors for permission in the amount of up to $246 million.

The Cabinet of Ministers also authorized Finance Minister Sergei Marchenko to conclude agreements and sign other documents related to the implementation of public debt transactions and the transfer transaction.

As we have already written, Ukraine reached agreements in principle with creditors on the restructuring of $23.4 billion of external debt, after which the maturity date of Eurobonds will be extended.

The value of Ukrainian Eurobonds increased
New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

The DPRK was promised by the “unclear” Poddjakke of Russia in the war against Ukraine

Russian military criminal, secretary of the Russian Council Sergey Shayga, visited Phogyan, where he met with Kim Jong. He promised him that the DPRK would support Russia, in particular, in the war against Ukraine. The parties discussed a joint operation in the Kursk...

In Pryluky, RF Postal House -Topl in the leader of the leader

In Pryluky, a hostile drone hit the house of the head of the local fire department. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } His family was killed: his wife,...

Russians were pushed to Constant and could be shot by a garden from artillery

The Russians have advanced towards Konstantinovka and are already shooting from artillery Ukrainian positions near the city. This is indicated in the report of the Institute of Military Research (ISW). .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px;...