(Adds further comments, background)
WASHINGTON, March 27 The International Monetary
Fund, which on Thursday approved a new aid package for Ukraine,
said it does not see a need to restructure the country's debt at
"We don't proceed with programs if they're deemed to be
unsustainable," IMF spokesman Bill Murray told reporters on
Thursday. "So the fact that we're proceeding with the program
indicates we don't envisage at this point a debt restructuring."
Murray added that he believed Ukraine's new government was
committed to economic reforms.
"We've consulted widely in Ukraine across the political
spectrum," he said. "The Ukrainian authorities have voiced
publicly and privately a keen interest in getting their economic
house in order."
The IMF's two most recent programs with Ukraine went off
track because of the previous governments' failure to follow
through with politically difficult measures such as raising gas
prices, which the IMF said was necessary to put the government's
finances in order.
But Kiev on Wednesday said it would raise the price of
energy for domestic consumers by more than 50 percent from May
1, seen as a gesture to secure the IMF package. The country's
prime minister has said his government was on a "kamikaze"
mission to take painful decisions.
The IMF on Thursday said it would lend Kiev $14 to $18
billion over two years to help the heavily indebted ex-Soviet
republic stabilize its economy. The country has been in turmoil
since anti-government protests resulted in the overthrow of
President Viktor Yanukovich, and a standoff with Moscow in which
Russia annexed the Crimea region.
(Reporting by Anna Yukhananov; Editing by James Dalgleish)