The IMF reminded of the critical condition for the resumption of lending to Ukraine

The IMF reminded of the critical condition for the resumption of lending to Ukraine

© National Bank of Ukraine


Today, 18:51

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The law on the anti-corruption court should be adopted in the wording which would satisfy the international structure.

Ukraine will not receive the resumption of the cooperation program with the International monetary Fund without the formation of an independent anti-corruption court. This is made clear to the IMF official Jerry rice.

In his words, the court is a basic requirement of creditors, but there are others. “Progress is needed on several issues. This also applies to the energy sector and fiscal policy, and the adoption of the law, which will allow you to establish a strong and independent anti-corruption court. The latter is critically important,” said rice. He explained that the IMF considers the court’s problem is solved only in the case of the adoption by the Verkhovna Rada of the relevant law in the wording which will meet the obligations of Ukraine in the framework of cooperation, as well as the recommendations of the Venice Commission and the Council of Europe.

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Without the mission, the allocation of the next tranche impossible. However, the continuous dialogue with Kyiv at all levels, from official to work – continues. A key requirement of the IMF is simple: Ukraine needs to prove devotion to reform, not in words and not one-time demonstrations.

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Another important Fund is the issue of gas prices for population – lenders want the rates of steel market. However, the state must take care of the protection from the increase in low-income and vulnerable people. Rice made clear that without progress in the implementation of these requirements to even talk about the talks but makes no sense. “Date of arrival of the mission in Kiev in the framework of the fourth review of the EFF is not yet defined”, – he stated.

See also:

On Bank confident that they will receive tranche from the IMF and without the satisfaction of the media

As reported this week, the National office of the international anti-corruption organization Transparency International said that the postponement of the adoption of the bill on the anti-corruption court jeopardizes further cooperation of Ukraine with the International monetary Fund and creates risks for the stability of the financial system of the country. Also recently it became known that in the United States even to discuss sanctions against Ukrainian officials, which block the anti-corruption initiatives. It became known of it from three independent sources familiar with the process.

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