DAVOS, Jan. 31 – The interest rates on the international crediting market could start growing in H2, so it is important that the Ukrainian government quickly and in an organized manner borrow the $4.5 billion planned in the budget for borrowing on the foreign market, former Ihor Mitiukov, Ukrainian Finance Minister and Director General of the Financial Policy Institute of Ukraine.

"According to our opinion, the situation for borrowers such as emerging markets is to be favorable in the first half of 2011. First, this is linked to the fact that the basic price of money would remain rather low," he said in an interview with Interfax-Ukraine in Davos on the sidelines of the fourth charity roundtable organized by Victor Pinchuk Foundation.