Ukraine to complete the fourth revision of the cooperation program and receive the fifth tranche of the International monetary Fund (IMF) needs to approve pension reform, to accelerate privatization and to show real results in the fight against corruption. This was stated by the communications Director of the IMF Jerry rice.
“About the fourth revision, we expect that it will be possible after the legislation necessary for the revision will be made. Key issues – pension reform, steps to accelerate privatization, concrete results in the fight against corruption, they will be key to ensure that the program continued”, – he said.
Rice also noted that an important condition for the continuation of the program will be the commitment of the energy and fiscal policy of Ukraine the targets stipulated by the IMF program.
While rice stressed that the IMF mission could be sent to Ukraine in the near future, but the exact date of the visit has not been determined.
“At the end of the discussion Mr. Lipton (Deputy Director of the IMF – Ed.) with the Ukrainian authorities, we expect that the mission will return to Ukraine in the near future. The exact date yet,” rice said.
We will remind, the national Bank of Ukraine hopes that Ukraine will receive $ 2 billion tranche from the IMF. According to the Deputy head of the NBU Oleg Churia, cooperation between Ukraine and the IMF will improve the situation with inflation and to replenish international reserves of Ukraine, which now amount to more than $ 18 billion.