Prime Minister of Ukraine Arseniy Yatsenyuk not happy with the pace of the reforms, however, hopes to Highlight international monetary Fund (IMF) next tranche of financial aid and stabilization of the economic situation on achieving peace in Ukraine.
Ukraine received at the beginning of may 3, $ 2 billion of 17 billion package of loans from the IMF. The allocation of the second tranche of $ 1, $ 4 billion depends on the implementation by the Ukrainian authorities ' reform program. The first evaluation mission ended in Kyiv in July, and the Fund's decision on the second tranche is expected in late summer.
" I am not satisfied with the speed and depth of these reforms, however, the progress that We currently have, gives the possibility to rely on economic stabilization of the once in the country is the world. We also are awaiting the decision of the Board of Directors of the international monetary Fund, and this will mean that in General with funds from the world Bank, Ukraine will receive about $ 2 billion, " - said Yatsenyuk.
The world Bank in early August blesed the Allocation of Ukraine, five hundred million dollars to support the banking system.
first on Wednesday, Deputy Finance Minister Sergei Storchak said that Ukraine will not be able to fulfill the rules of the stabilization program (stand-by), agreed with the IMF, and its adjustment is inevitable. However, he noticed that the Russian Federation does not want to obstruct the allocation of aid to Ukraine from the IMF.
" If August 29, the IMF will report on the allocation of the next tranche of $ 1, 4 billion, it means that We are moving in the right direction ", - said Yatsenyuk. Before the government of Ukraine has stated that it may need more funds on the background of political instability and deteriorating economic prospects of the country. The IMF itself has refused to explain the possibility of revising the program.
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