During its session the Executive Board of the International Monetary Fund (IMF) acknowledged the Ukraine’s debt of USD 3 billion to Russian Federation official, RBC-Ukraine reports.
It is reported that the status of the Russian loan to Ukraine for USD 3 billion, disbursed in December 2013, has been acknowledged official.
The Board decision came into force automatically on Wednesday after the close of the business day in Washington, where the headquarters are based, due to absence of objections.
It should be noted that in December 2013 Russia acquired two-year Ukrainian Eurobonds for 3 billion dollars at 5% per annum. According to agreements of the Ex-president of Ukraine Victor Yanukovych and the President of Russia Vladimir Putin, RF should have purchased Eurobonds for USD 15 billion, however after the overthrow of the Yanukovych’s regime, the deal fell through.
According to Yanukovych, Ukraine was forced to make deal with RF, as IMF refused to disburse the next loan.
