The IMF welcomed the ceasefire in Ukraine, noting risks

The IMF welcomes the agreement to stop the fire in Ukraine between the authorities in Kyiv and militias in the South-East, but emphasizes that the lending programs of the country remain substantial risks, said the Commissioner IMF William Murray on Thursday.

" We welcome the signed contract and the fact that the ceasefire in General observed. The current assumption program (lending) - that the conflict will subside in the coming months, and our Employees continue to very closely monitor events, " said Murray." Thus, there are substantial risks to the program, " he admitted.

authorized the IMF declined to answer the question whether in the case of payments of Ukraine requirement of the IMF articles of agreement that the recipient of the loans obligated to provide funding for the country's budget for the next 12 months. First, the IMF announced a " sufficient " funding program.

The 1st tranche of IMF loans at 3, $ 2 billion Kyiv received in may, the second - 1, 4 billion in the early autumn. A total difficulties IMF blesed the allocation of Ukraine of 17 billion dollars to stabilize the budget in terms of political and economic decline, and the total amount of payment from the IMF, the world Bank and a number of countries, helping Ukraine loans, should be 30 billion dollars. The IMF has warned that Ukraine lacks 3, $ 5 billion in funding commitments before the end of the year. Also, according to the IMF, the continuation of the conflict in the South-East of Ukraine is complicated by the fact that the country will need another 19 billion payment.


sections: Politics