North Korea test fires another missileWorld May 29, 1:29
Russia’s Zvyagintsev wins Jury Prize at 70th Cannes Film Festival with his LovelessSociety & Culture May 28, 21:32
Three Russian tourists hurt is road accident with tourist minibus in TurkeySociety & Culture May 28, 18:58
Some 40,000 cyclists taking part in Moscow cycle paradeSociety & Culture May 28, 18:33
Corporation Irkut: MS-21 first flight performed in routine modeBusiness & Economy May 28, 16:54
Ukrainian military launch more than 180 shells, mines on Donetsk within one dayWorld May 28, 16:36
Minister: Russia may supply 1,000 MC-21 planes to 2037Business & Economy May 28, 14:42
Lavrov: China, ASEAN interested in organization of Eurasian partnershipRussian Politics & Diplomacy May 28, 11:45
MC-21 airliner makes first test flight - sourceBusiness & Economy May 28, 11:00
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.