The adoption of laws on providing the government of Ukraine with the right to impose a moratorium on payments on the foreign commercial debt will encourage lenders to accelerate talks on debt restructuring, Finance Minister of Ukraine Natalie Jaresko considers.

"I think that no one - neither creditors nor us – wants the deterioration of the financial situation in Ukraine," she said in the Facts program on ICTV TV Channel.

"We will find the solution that will be transparent and fair," the finance minister added.

Jaresko noted that the right to introduce a moratorium on payments is one of the levers Ukraine might use if negotiations are ineffective.

The minister again clarified that the law adopted does not apply to Ukraine's domestic debts.

As reported, after the International Monetary Fund had endorsed a new four-year extended fund facility for Ukraine for $17.5 billion, the Finance Ministry started consultations on debt restructuring with creditors on March 13. The government also included Kyiv's eurobonds and the foreign debt by state-owned Oschadbank, Ukreximbank, and Ukrzaliznytsia in the restructuring plan. However, the said borrowers will have to negotiate their debt restructuring with the creditors as separate legal entities.