Recognition of 'Russian' debt official by IMF not to influence Ukraine's financial stability – NBU head

11:50, 18.12.2015 1 min read

The admitting of Ukraine's $3 billion eurobonds due on December 20, 2015 as the official debt to Russia by the board of the International Monetary Fund (IMF) would not affect the country's financial stability, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.

"This would not affect us, as it was predicted… IMF recognized the debt as the official debt, and at the same time the IMF said that the fund would not hinder the implementation of its program, and our expectations are neutral. This is neutral news and it would not affect Ukraine's financial stability," she said at a press conference in Kyiv on Thursday.

As reported, on December 16, 2015, the board of the International Monetary Fund has determined that Ukraine's $3 billion debt to Russia has official, not commercial status.