Poroshenko told about the results of negotiations with the IMF and the World Bank in Davos
The President of Ukraine Petro Poroshenko called “a very constructive” negotiations with representatives of international financial institutions in Davos.
“Were extremely detailed consultations with our partners in international financial organizations. They were very constructive,” – said the head of state during a briefing on his participation in the 48th annual meeting of the world economic forum in Davos.
Videoscale known IMF conditions, without which there will be another tranche for Ukraine
Even the smartest robot in the world in the name of “Sophie”, who visited the Ukrainian Breakfast in Davos, organized by the Pinchuk Foundation, could not answer the journalist – how to overcome corruption in Ukraine. But, TSN journalists learned about the three conditions of the International monetary Fund, without which there will be another tranche for Ukraine and whether Poroshenko to run for a second term, and what can prevent.
25 Jan, 20:47
According to Poroshenko, during the negotiations was formulated positions regarding the arrival of experts in Ukraine and determine what steps are left in order to invite a mission to receive the next tranche. The President noted that this is a task for the Ukrainian government and Parliament.
“I’m sure the fact that we have accelerated the arrival of experts to elaborate a joint and coordinated decisions is extremely positive,” – said Petro Poroshenko.
Fingers crossed: Poroshenko said that Ukraine has fulfilled 80% of requirements of the IMF and expects to receive tranche
The President was in Davos a number of meetings with representatives of international financial organizations, in particular the managing Director of the IMF, Christine Lagarde, her Deputy, David Lipton, President of the world Bank Jim Yong Kim.
“We had a detailed and thorough conversations that allow us to look optimistically to the future”, – said Poroshenko.
Speaking of other results of their participation in the forum in Davos, the President reported a large number of questions about the meeting by leading foreign investors.
The Finance Ministry called the probable date of a new tranche from the IMF
“I am very pleased with the fact that it gives an additional argument that we must move forward on tax reform, and making decisions on land cadastre”, – said Poroshenko.
The President held meetings with a number of leading investors who are going to come to Ukraine in the port and road infrastructure, food processing industry, energy efficiency, and the like.
Recall that the current four-year program eff EFF from the IMF for a total amount of 17.5 billion dollars began to operate from March 2015. In recent years Ukraine has received four tranches for a total amount of 8.7 billion dollars. The last of them last spring. About it writes “Interfax-Ukraine”.
In the framework of the revision of the cooperation program, which opens the way to obtain the fifth tranche, the IMF still continues to explore the Verkhovna Rada adopted the law on pension reform. In addition, Ukraine still needs to adopt legislation establishing an anti-corruption court, reform the process of privatization of state-owned enterprises to be transparent and based on market mechanisms and perform the adjustments in domestic gas tariffs in accordance with the previously approved formula.
Before The national Bank reported that in 2018 it expects to receive two tranches of the IMF totaling 3-3. 5 billion dollars.
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