Groisman commented on the cooperation with the IMF

Prime Minister of Ukraine Vladimir Groisman said that Ukraine’s cooperation with the International monetary Fund (IMF) goes to a normal schedule.

“The financial support, it is designed in 2017, 2018, other years, so we are talking primarily about changes in the interests of Ukrainians, and then on financial support for macroeconomic stability,” – said Ukrainian Prime reporters after a meeting with Prime Minister of great Britain Teresa may in London on Wednesday, 5 July.

“Foreign reserves are growing, i.e. we can say that we are moving in a completely normal schedule. You know that in the agreement there is a schedule of monthly, but it is imposed on some objective and subjective positions, including meetings of the Parliament”, – said Groisman.

The Prime Minister noted, that problems in cooperation with the IMF is not.

The Minister of Finance of Ukraine Alexander danyluk said earlier that he expects that the IMF will decide on granting Ukraine the next tranche under the EFF program in autumn.

However, the Agency Bloomderg wrote that Ukraine may not receive the next tranche of the IMF right up to the end of this year due to the fact that ukraisnkaya party fails to accept the reforms demanded by the Fund.

The Prime Minister Volodymyr Groysman in an interview with the Agency noted that the adoption of pension reform is on schedule. However, the steps to create an anti-corruption court to undertake, but a bill on land reform in a timely manner will not be accepted.

As reported, the head of the International monetary Fund (IMF) Christine Lagarde thanked the President of Ukraine Petro Poroshenko for the progress made to date in the framework of eff EFF.

We will remind, the IMF mission on the results of work in Kiev reported the need for technical revision of the draft laws and their parliamentary support, concerning pension and land reforms, reviving the privatization and to ensure concrete results of anti-corruption efforts.

On 3 April, the IMF approved the allocation of Ukraine the fourth tranche of the extended Fund in the amount of $ 1 billion. Money started to arrive at the NBU on 5 April.

The entire program provided Ukraine with about $ 17 billion, of which Kiev has already received 8.7 billion dollars.

According to calculations of the international rating Agency S&P, the next tranche of the IMF, as well as the related funding from external donors is likely to come to Ukraine in the second half of 2017 – provided that Ukraine makes progress in carrying out key land and pension reforms.

Comments

comments