The Board of Directors of the international monetary Fund will allocate to Ukraine the second tranche of loans under the EFF program in the amount of 1, 7 billion dollars as soon as the Ukrainian authorities to fulfill a number of prerequisites for the reform programme, said at the traditional briefing in the capital of the U.S. Department Director of the IMF external relations Gerry rice.
"I don't have any details of a possible meeting of the Board of Directors. Everything will be depending on how soon Ukraine will fulfill a number of prerequisites. However, I Wish to note that the Fund Manager Christine Lagarde met with the Prime Minister of Ukraine Arseniy Yatsenyuk, and they discussed the right questions. Consensus was found in practice on all counts. But discussions are ongoing, " said rice, UNIAN reports.
While rice recalled that the issue of restructuring part of its debt, which was Also noted as one of the conditions for the provision tranche of Ukraine, is not removed from the agenda." Yes, in truth. We expect that the consensus with creditors will still be found, it is important for Ukraine. But Deputy Director of the IMF David Lipton has already announced a thesis about the fact that the IMF has instruments that allow the Fund to continue to lend to countries that do not have the ability to cope with obligations to private creditors, " concluded rice. First on Thursday, Deputy Finance Minister Sergei Storchak said that Russia hopes to receive 22 June 75 million payment from Ukraine for the loan, With any fact of non-payment will be perceived by Russia as an " event of default ". On may 19, the Verkhovna Rada of Ukraine adopted the law that will give the ability to suspend payments on restructured debt. The Russian President Vladimir Putin called the decision of Kiev weird. In his vision, the Declaration on the fact of default suggests a low level of professionalism. Also, according to Putin, Russian banks have loan portfolios to Ukraine in the amount of 24-25 billion. Prime Minister Medvedev D. A. Also explained the actions of the Rada. According to him, this decision is truly a Declaration of default at the same time with the Declaration of force majeure on debt.