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Ways of Ukrainian debt restructuring under conditions of military and economic crisis

Andriy Shkliar
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Andriy Shkliar: Institute for Economics and Forecasting, Ukrainian NAS, Kyiv

Ukrainian Journal Ekonomist, 2014, issue 12, 10-13

Abstract: Significant structural problems of the Ukrainian economy were strongly deepened by military conflict in Eastern Ukraine that led to painful infrastructure losses and industrial production decline. Ukrainian government is forced to look for new external sources of financing feeling pressure of significant public debt, rapid devaluation of the national currency and need to redistribute budget for military purposes. As result, the government has to focus on development of mechanisms to reduce external debt payments in the short run, and revise the debt payments schedule to eliminate the stress of peak periods.

Date: 2014
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