KYIV, Aug 1 – The Government of Ukraine has approved the fundamental agreements of Ukraine with a special committee of owners of its eurobonds in the amount of about $23 billion, which provide for a write-off of 37% of the debt with the possibility of restoring 12% if a certain level of GDP is reached in 2028.

Corresponding resolution of the Cabinet of Ministers No. 865 of July 31 with the terms of the issue of new bonds was published on the government portal.