“I think that the likelihood of repayment is close to 100 percent,” Storchak said on Rossiya-24 television.
Storchak said that Ukraine would be able to win some time to repay other creditors and avoid a default.
“I believe it’s in Ukraine’s national interests by transferring $75 million into Russia’s budget to avoid any events of a default and will win a few extra weeks or even months to work more closely with its creditors.”
Storchak has previously estimated Kiev owes a total of up to $26 billion to Russian banks.
The Ukrainian parliament ratified a bill last month allowing Kiev to freeze the payment of the country’s foreign debt until July 1, 2016.