World Economy

Ukraine Restructuring Debt

Ukraine Restructuring DebtUkraine Restructuring Debt

The Ukrainian government approved on Saturday the framework for Ukraine’s debt restructuring operation through which it aims to generate $15.3b, the Finance Ministry said. Ukraine is due to start talks on a fast-track debt swap with investors including Franklin Templeton, PIMCO and Blackrock as part of a $40b bailout approved with the International Monetary Fund last month, Reuters reported.