Sergii Marchenko signed an Agreement with France on Suspension Official Debt Payments

Today, on June 6, during a meeting with Ambassador Extraordinary and Plenipotentiary of the French Republic to Ukraine Etienne de Poncins, Minister of Finance of Ukraine Sergii Marchenko signed the Agreement on the official debt service suspension with France.

“I am grateful to the French Government for supporting the financial system of Ukraine. Suspending payments on the official debt will reduce the debt burden on the State Budget of Ukraine and direct funds to finance priority needs and support the war-affected economy,” said Sergii Marchenko during the signing of the Agreement.

Additional Information

On September 14, 2022, Minister of Finance of Ukraine Sergii Marchenko signed the Memorandum of Understanding on the official debt service suspension with a group of official creditors of Ukraine from G7 countries and the Paris Club aimed at mitigating the economic impact of russia’s war aggression against Ukraine. The Memorandum was signed by the representatives of the Governments of Canada, France, Germany, Japan, the United Kingdom and the United States of America.