Russia ready to discuss further reduction of nuclear capacities — LavrovRussian Politics & Diplomacy March 23, 10:51
Russia’s FSB cuts off weapons supplies from US via postal servicesRussian Politics & Diplomacy March 23, 10:18
Russian singer barred from Eurovision believes she still has chancesSociety & Culture March 23, 8:41
Chain of explosions reported from ammunition depot in northeastern UkraineWorld March 23, 8:15
Number of deaths in London terror attack rises to fourWorld March 23, 4:46
Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
WASHINGTON, June 12. /TASS/. Kiev cannot use the reserves of Ukraine’s national Bank for repaying debts, Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Friday.
"The NBU’s international reserves cannot be used for sovereign debt service without the government incurring new debt, which would be inconsistent with the objectives of the debt operation," the IMF says in a statement.
Ukraine’s state debt hit $47.6 billion, totalling 100% of the GDP, said Yuri Boiko, the head of the Opposition Bloc at the Verkhovna Rada parliament.
To receive the IMF’s second tranche, Ukraine’s government should make a decision on restructuring the external state debt, which is $18blm worth, till middle June but Kiev experiences certain difficulties in talks with creditors.