The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity

The Finance Ministry is not considering issuing hryvnia government loan bonds to help pay off the $800 million debt owed to solar and wind producers of electricity, Deputy Finance Minister Yuriy Draganchuk told Korespondent.net. “There will definitely not be government bonds,” he says of support for Ukrenergo. “There will be either state banks or international donors.” The American Chamber of Commerce in Ukraine supports a bill in the Rada which would allow issuing of additional government bonds by raising the state budget deficit by $700 million. Since July, the EBRD and the European Investment Bank have discussed participating in a settlement. They have not made public any decision.