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Consultations on restructuring Ukraine’s debt to start on March 13 — Finance Minister

March 12, 2015, 13:48 UTC+3 KIEV

As of the end of 2014, Ukraine’s sovereign debt reached 71.5% of GDP, or around $50 billion

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Ukraine's finance minister Natalya Yaresko

Ukraine's finance minister Natalya Yaresko

© Maxim Nikitin/TASS

KIEV, March 12. /TASS/. Ukraine will start consultations on restructuring its debt on Friday, the country’s Finance Minister Natalya Yaresko said Thursday when reporting on 100 days of the government’s work.

"The restructuring of the country’s debt is on the agenda. We will start consultations tomorrow" she said.

As of the end of 2014, Ukraine’s sovereign debt reached 71.5% of GDP. In monetary terms the debt stands at around $50 billion (1.101 trillion hryvias).

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