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The Council adopted the law on the restructuring of the state debt

The Verkhovna Rada voted in favor of the draft law, which allows the government to restructure the foreign public debt in the total amount of $18.4 billion.

Editorial team•
The Council adopted the law on the restructuring of the state debt

The Verkhovna Rada of Ukraine supported the draft law on the restructuring of the external state debt. 267 People's Deputies voted in favor.

The document provides for the possibility of extending the repayment period of foreign state loan bonds for 4 years with the possibility of converting part of the debt into instruments tied to the recovery of GDP.

The Ministry of Finance expects that the restructuring will save more than $6 billion of budget funds over the next three years.