The Ukrainian Government expects the successful completion of the mission of international monetary Fund (IMF), which starts on 22 September, and on receipt of the next tranche, it said in Chicago, the Minister of Finance of Ukraine Natalie Jaresko.
"We look forward to a successful and speedy receipt of the next tranche (of the IMF - ed.) to restore our reserves," Jaresko said within the speech at the Chicago Council.
first of Yaresko reported that the next installment will focus, in the case of its receipt, to increase reserves. In the last month of summer gold and foreign currency reserves of Kiev has increased by 2, 2 billion dollars, and on September 1 was $ 12, $ 6 billion, mostly due to the receipt of the next tranche of the IMF in 1, 6 billion dollars, reported by the first national Bank of Ukraine. The government of the country until the end of the year awaiting several tranches in the amount of 1, 7 billion dollars each.
According to Jaresko, the Ukrainian Government has to obtain the money first of all agreed with the Fund rules. For example, an agreement was reached with the Committee of creditors to alleviate the debt burden of the country to more than 18 billion dollars. Also the Ukrainian authorities actively addressed the issue of overcoming bribery, and through the creation of anti-corruption Department, Also discussed the issue of privatization of five state-owned enterprises.
These measures are defined as beacons for money, according to a previous review of the Fund. IMF mission starts its work on the allocation of the next tranche to Ukraine on Tuesday 22 September, first reported by the Commissioner of the Fund.
The four-year Program of financial assistance to Ukraine was approved by the IMF Board of Directors on March eleven. The program provides for the allocation of Fund 17, 5 billion dollars, and all international creditors over four years - $ 40 billion. Ukraine in mid-March received 1st tranche of the IMF to us $ 5 billion. Just in 2015 Kiev hopes to receive $ 10 billion.