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Reuters
Reuters
Business

Ukraine talking to major institutions about ways to reduce debt payments

FILE PHOTO: Ukrainian flag flutters, amid Russia's invasion of Ukraine, in Kyiv, Ukraine May 12, 2022. REUTERS/Viacheslav Ratynskyi

Kyiv is talking to major international financial institutions about ways to reduce debt payments in the near future, Ukraine's government commissioner for public debt management Yuriy Butsa said on Thursday.

The remarks came a day after Ukraine asked its international creditors, including Western powers and the world's largest investment firms, to freeze payments for two years so it could focus its dwindling resources on the war with Russia.

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