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Keyword: thiefofkiev
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Zelenskyy suspends Ukraine's foreign debt payments until October.(Default)
The law also grants the government the authority to assume the state-guaranteed debt of the former State Agency of Motor Roads (Ukravtodor), totaling $700 million plus interest. This decision was made because the State Agency for Infrastructure Restoration and Development was unable to restructure these obligations independently Ukraine had previously imposed a freeze on foreign debt payments after Russia's full-scale invasion. This freeze expires on August 1, with the bonds' coupon payment due in 2026. The government needs to restructure the debt to meet the International Monetary Fund's (IMF) requirements under a $15.6 billion program. Approval has been obtained from...
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