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Russia Insists Kiev's Repayment of $3Bln Debt Should be Part of IMF Program

© Photo : PixabaySwamp in Ukraine
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Moscow insists that the condition of Kiev's repayment of a $3-billion debt to Russia should be included in the International Monetary Fund (IMF) assistance program to Ukraine, Russian Finance Minister Anton Siluanov said Tuesday.

A man stands next to an advertising placard showing British pounds, US dollars and Ukrainian hryvnia banknotes in the Ukrainian capital Kiev, file photo. - Sputnik International
Sobering Truth: Ukrainian Economy Addicted to IMF 'Aid'
MOSCOW (Sputnik) – Earlier the Russian finance minister said Moscow had given Kiev additional time to reassess realistically the situation around the repayment of $3-billion debt to Russia and start fair talks to settle the issue.

"At present, we, as a sovereign creditor, in preparation of the new program of the revised IMF program on providing Ukraine with loans, will defend the interests of inclusion in this program commitments of Ukraine to Russia… If this is not done, how can we support such a program of the fund?" Siluanov stated in an interview with Rossiya 24 television.

In February Russia has filed a lawsuit against Ukraine at London's High Court over the $3-billion sovereign debt following unsuccessful attempts to agree on a debt restructuring as Ukraine announced in December 2015 that it would not make the repayment on current conditions. 

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