Government negotiating with World Bank

The Cabinet of Ministers of Ukraine is holding negotiations with the World Bank concerning partial payment of the services of Blackstone Group International and Credit Suisse as financial advisers of the Government in the issues of restructuring and recapitalization of the banking sector. The First Vice Prime Minister of Ukraine Olexandr Turchynov claimed in his comments to journalists. “Negotiations with the World Bank are being held to minimize the burden on the budget,” the First Vice Premier emphasized.