OREANDA-NEWS. On September 18, 2008 The Ukrainian Government extended powers of the Finance Ministry in making foreign borrowings in 2008 and allowed it to obtain loans apart from issuing national bonds, reported the Official website www.kmu.gov.ua.

The relevant changes were made in the May resolution on making foreign borrowings in 2008.

The new edition of the document reads, "The Minister of Finance should define the form of realizing the borrowings (issuing bonds and/or obtaining loans (credits) and their terms. The form of making borrowings and their terms do not require approval of the Cabinet of Ministers".