According to Jaresko, international creditors have delayed the process of Ukraine's debt restructuring, Ukraine Today reports.
Another $1.7 billion dollar loan from the IMF is also expected soon.
Speanking of the older “typically commercial” debt, with a very high-interest rate, Jaresko stressed that “the IMF's money is less expensive” and it “lowers the amount of interest that we need to pay as a country on the outstanding debt.”
Ukraine’s Finance Minister also said that 5% of the GDP had been put into Ukraine’s budget this year for national defense and law enforcement.
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