The Parliament approved the draft law on the restructuring of the external state debt. The main points

Category: Finance

The Verkhovna Rada of Ukraine adopted draft law No. 11396, allowing the government to suspend external public debt payments during restructuring until October 1, 2024. The law includes provisions for including former Ukravtodor's debt in state debt and aims to enhance debt sustainability, supported by the IMF. The restructuring is expected to save over $10 billion in payments by 2027.

Keywords: Ukraine, debt restructuring, IMF support

Source: Бабель

Update At: 7/22/2024

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