Ukraine needs $13 billion to pay debts

Ukraine needs $13 billion to pay debts

Kiev needs about $13 billion to pay its debts, Ukrainian Minister for Economic Development and Trade Pavel Sheremet says, ITAR-TASS reports.According to the minister, the country has gold reserves worth $15 billion.He said an IMF mission arrived in Ukraine on March 4 to study the economic situation. He says that there is a high chance that international financial institutions would grant funds for reforms.

Kiev needs about $13 billion to pay its debts, Ukrainian Minister for Economic Development and Trade Pavel Sheremet says, ITAR-TASS reports.

According to the minister, the country has gold reserves worth $15 billion.

He said an IMF mission arrived in Ukraine on March 4 to study the economic situation. He says that there is a high chance that international financial institutions would grant funds for reforms.

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