Thursday, June 11, 2015

Storchak IMF supporter of Russia in the issue of repayment of Kiev – RIA Novosti

MOSCOW, June 11 – RIA Novosti / Prime. Deputy Finance Minister Sergei Storchak hopes that the International Monetary Fund (IMF) will soon supporter than an opponent of Russia in the issue of debt repayment in Ukraine.

“We expect that the IMF will be more supporters than the enemy Russia in the issue of debt repayment Ukraine”, – said Storchak, in an interview, “Russia-1″, when asked about the prospects for the negotiations with Ukraine on repayment of the debt to the Russian Federation $ 3 billion.

The Deputy Minister stressed that the best forum for such negotiations is precisely the IMF.

Earlier, RIA Novosti experts explained that in the case of Ukraine’s debt to Russia it is a sovereign, instead of commercial debt. Defaulting on it will stop the IMF program of financial assistance to Ukraine.

The IMF agreed in March, a new program of financial assistance to Ukraine for $ 40 billion. Of these, 17.5 billion dollars will give the fund. It is also the restructuring of the external debt of Ukraine 15.3 billion dollars. Among those mentioned debt and debt to Russia for $ 3 billion.

Russia in late 2013 bought for that amount three-year eurobonds of Ukraine on the Irish Stock Exchange. Pay off the debt to the Russian Federation, Ukraine should the end of 2015. The next coupon on him for $ 75 million to be paid on 20 June. However, since this day, Russia expects that the payment on June 22, Storchak said.

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