Ukraine’s debt owed to Russia not to influence financial stability – Gontareva

Ukraine’s debt owed to Russia not to influence financial stability – Gontareva

“It will have no impact, because all this was predicted… The International Fund recognized the official debt, and at the same time the IMF said it would not prevent the program [on issuing loans]. Therefore, our expectations are neutral. It does not affect the financial stability of our country,” Gontareva. Earlier, the Ukrainian Finance Ministry stated that Ukraine would not pay off “Yanukovych's debt” of $3 billion in accordance with the initial terms of December 2015. The statement was made following the report by the IMF leadership that the $3 billion debt, which the Ukrainian government under the presidency of Yanukovych received in December 2013 from Russia, had the status of official.