Lavrov offers condolences to Mexican people over deadly earthquakesRussian Politics & Diplomacy September 20, 21:01
UN Security Council passes resolution on peacekeeping reformWorld September 20, 20:14
UN peacekeepers should use force only for self-defense — LavrovRussian Politics & Diplomacy September 20, 20:01
Breaking of Idlib siege leaves three Russian servicemen woundedMilitary & Defense September 20, 19:00
Ukraine's president requests UNSC to deploy UN mission to Donbass as soon as possibleWorld September 20, 18:30
Diplomat believes Morgan Freeman was 'roped in' to be weaponized in anti-Russia crusadeRussian Politics & Diplomacy September 20, 18:02
Russian lawyer blasts ‘medieval’ efforts by UK Paralympic athletes to fake handicapSport September 20, 17:36
Aftermath of powerful earthquake in MexicoWorld September 20, 17:28
Over 50 countries sign nuclear weapons ban treaty at UNWorld September 20, 17:15
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.