Postponement of payments on eurobonds to save $2.5 bln in next two years – Finance Minister
Postponing payments on eurobonds will allow Ukraine to save $2.5 billion in the next two years, Finance Minister Serhiy Marchenko has said.
"Only in September we had a payment of $1.4 billion. In general, we are talking about potential savings for the budget in the next two years, $2.5 billion each. What we will do next will be clear after we can win the war," he said on the national telethon on Wednesday evening.
He said that Ukraine offered investors a deferral of payments of the loan principal and interest regarding 13 eurobonds issues.
"The situation is turbulent, we need time for a breather," Marchenko said.
He also said that after the return of taxation of imported goods, the Ministry of Finance expects to increase revenues from customs by UAH 6-7 billion per month, to UAH 20 billion per month.
Advertising
Advertising
MORE ABOUT
Vodafone Ukraine agrees to defer eurobond repayment for 2 years with rate increase, 2% interest
12:45, 07.02.2025
Finance Ministry orders independent assessment of Business Development Fund operator of state credit programs – memo with IMF
09:45, 24.12.2024
Ukrainian eurobonds, Stocks rise on news of Trump's victory in U.S. elections
09:36, 07.11.2024
Ukrenergo declares technical default on eurobond payments for $825 mln
14:55, 06.11.2024
Vodafone Ukraine after talks with eurobond holders on restructuring refuses to continue them
16:52, 03.10.2024
LATEST
Ukraine's energy sector losses from Russian strikes surpass $20 bln – Energy Club VP citing RDNA4
20:49, 07.03.2025
EU may grant Ukraine access to single market as part of peace deal
20:12, 07.03.2025
Naftogaz and ORLEN agree on supply of 100 mcm of LNG as part of broad cooperation in this area
15:27, 07.03.2025
Canada opens its market for Ukrainian apples
13:54, 07.03.2025
Ukraine's National Bank raises key policy rate from 14.5% to 15.5%