Ukraine will not have time to obtain all the tranches of the loan from the IMF – the head of group of advisers.
By the spring of 2019 Ukraine will not have time to obtain all the tranches of the credit under the program of expanded financing (EFF) from the International monetary Fund. Therefore, it is necessary to renew.
This was stated by the head of the strategic group of advisers to the Prime Minister Volodymyr Groysman Ivan Miklos, writes “Today”.
“We already know that Ukraine will not receive all the tranches that were planned. In March 2019, the program ends. Given the large payments on the external debt, it is clear that Ukraine needs to continue the cooperation. It will be key to the successful continuation of reforms and stabilization,” said Miklos.
In the following program from the IMF, if it is, Ukraine will need to fulfill all the commitments that she didn’t have time to do in the present.
“Some people say, why do we need the IMF, they do us harm and all that. But I don’t see any difference between the interests of the Fund and the interests of Ukraine. Why is the Fund making the different conditions? He wants to have returned the money. When the money returns? When Ukraine will be an economically successful country,” said Miklos.
The national Bank said that Ukraine needs a new loan program from IMF
Remind, this week in Ukraine is a technical IMF mission. Experts will check the implementation of the obligations of the authorities to implement the reforms.
Videobrain hopes to receive from IMF of at least $ 2 billion
The main creditor of Ukraine – on the way to Kiev. Today in the capital will meet experts of the International monetary Fund. They should hold technical consultations with the authorities. This year, the government hopes to obtain from the IMF a minimum of $ 2 billion. And this, according to the Fund, Ukraine needs to start the pension reform, to adopt a law on privatization, to deal with the gas prices and to create anti-corruption court.
We will note, Ukraine and the IMF since April 2014 implement the two-year stand-by program with a volume of 17 billion dollars, under which Kiev received two tranches of credit volume of $ 4.6 billion. In March 2015, the IMF approved a new four-year lending program of Ukraine’s economy EFF 17.5 billion, under which Kiev has already received four tranches of 8.7 billion dollars. The term of the program expires in March 2019.
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.
Saw a bug — Ctrl+Enter
Letter in edition
© On materials
Leave your comment
Leave your comment