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Reuters

Business

Ukraine's western government creditors agree debt service freeze

A Ukrainian national flag installed on the monument to Ukrainian poet Taras Shevchenko is seen, as Russia's attack on Ukraine continues, in the town of Balakliia, recently liberated by Ukrainian Armed Forces, in Kharkiv region, Ukraine September 13, 2022. REUTERS/Gleb Garanich

Ukraine's western government creditors concluded on Wednesday a memorandum of understanding on a planned debt service suspension, the group said.

The group, which includes Canada, France, Germany, Japan, United Kingdom and the United States, said in July that they would provide a coordinated suspension of Kyiv's debt servicing to the end of 2023 and potentially for an additional year.

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