The IMF seeks to limit its contribution to discuss the aid package to Ukraine

International monetary Fund (IMF) seeks to limit its contribution to the aid package for Ukraine, which are currently underway dialogues, reports Bloomberg citing sources familiar with the Fund's position.

first, the IMF opened for Ukraine a two-year credit program for 17, 1 billion dollars, which is almost 2 thirds Of the aid package in the amount of 27 billion dollars allocated by donors, in which the US, EU and Japan. As the source said, the IMF does not want to exceed the threshold of two-thirds of the total assistance in the framework of the negotiations on the proposal for a new loan.

Official authorized IMF Olga Stankova did not want to explain the conduct of the ongoing negotiations.

first, the head of Ukraine Petro Poroshenko said that the IMF is considering a replacement program to assist Ukraine stand-by program advanced payment (Extended Fund Facility - EFF).

Ukraine is currently hosted in severe political crisis, which affects its economy and the public sector, in fact the country is on the verge of default. The authorities want to improve the situation of foreign borrowing. The IMF has opened for Ukraine's two-year loan program 17, $ 1 billion. Of this amount, 4, 6 billion Kyiv received in 2014, the remaining funds must be allocated in 2015.

in January Poroshenko said that the results of negotiations with international financial institutions - the IMF and the world Bank and individual countries - the U.S., EU, Australia, Japan, Canada - Ukraine hopes to get 13-15 billion dollars over 2 years. Last week the managing Director of the IMF Christine Lagarde has said that Ukraine has approached the Foundation with a request to make a multi-year programme lending decision on this matter until it is not accepted.


sections: Politics