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12 of July, 17:01

IMF: the laws in the fiscal sphere will weaken the economic recovery Kiev
7 economic draft laws, which plans to consider the Verkhovna Rada, will significantly weaken efforts to restore economic stability in Ukraine, reported in a statement released on Sunday a statement by the Director of the European Department, international monetary Fund Paul Thomsen.

the document notes that the Ukrainian authorities take decisive progressive measures in response to long-term economic imbalances, despite the difficult economic and financial situation.

"along with that we see with concern the recent legislative initiatives that aim to expand This movement. The narrative is, for example, on the set of seven draft laws in the fiscal sphere, which it is proposed to make in the upcoming week to the Parliament. These bills make it impossible events that were carried out in the context supported by the IMF program, in the field of pension reform, energy sector reform and expenditure rationalization ", - reported in circulation.

according to the IMF, the fiscal Price of these draft laws may be about 2% of GDP this year and 3 per cent of GDP in 2016." so, if These bills are adopted, they will significantly weaken current efforts towards the restoration of fiscal sustainability and macroeconomic stability in Ukraine ", - informs the IMF.

The IMF provides recommendations to Ukraine to pursue reforms, economic renewal and responsible macroeconomic policies.

"This is the only reliable way to ensure sustainable improvement that will develop the potential of Ukraine and improve the living standards of residents ", - informs the Director of the European Department of the IMF, quoted by the IMF resident representative office in Ukraine.


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USA, Japan and South Korea began joint military exercises of the Navy

11 of December, 08:04

USA, Japan and South Korea begin the first day of the week a two-day shared naval exercises, said defense Ministry in Tokyo and Seoul.

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In Kiev warned about the threat of war victims "will be all of Ukraine"

11 of December, 06:04

 
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