Media: Ukraine was allowed to freeze payments of debts on external debt until 2024

Investors allowed Kyiv to postpone payments on the external debt until 2024, Bloomberg reports citing the Ukrainian Finance Ministry.

“The restructuring process is being supported by Ukraine’s key allies, including the US and the International Monetary Fund, as the country needs cash.

The move, along with other measures proposed to creditors, will save the state $5.8 billion,” the newspaper writes, adding that Ukraine faces a monthly public finance shortfall of about $5 billion.

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