The Ministry of Finance of Ukraine: the West must increase aid to Kyiv, the country is bankrupt will cost more

The West is obliged to provide Ukraine with additional cash assistance except for a package of 40 billion dollars, because the country is bankrupt will cost more, said the Ukrainian Minister of Finance Natalie Jaresko in the interview to the financial times.
"I firmly believe that "seven" and, frankly, also the Group of twenty currently have the responsibility to provide monetary assistance to Ukraine on a larger scale, " said Natalie Jaresko, reports news Agency." at the present time a very intense debate in many capitals about to provide or not Ukraine defensive military support. However, they will give us a defensive military support or not, the financial assistance is of absolutely critical importance, " she added. In the interview she expressed her gratitude to the IMF and other creditors for capital. However, she said that assistance should be expanded, because the " failed state would have cost much more." The head of the Ukrainian Ministry of Finance has expressed dissatisfaction with the fact that the UK did not provide her country monetary support and that of North America and the EU are discussing about who will contribute more to the aid of Kiev." eventually I hear the dispute between the parties about how to share the burden. The Americans claim that the Europeans must do more, Europeans claim that more must be done by the Americans, " Jaresko said. Speaking in Parliament in February, Prime Minister Cameron D. said that without the reforms in Ukraine, as well as among them without a fight with the illegal activities of officials of International assistance to the country will sink into a black hole. He expressed the opinion that Ukraine is a good program reforms will have a similar effect, as billions of dollars of loans. on 13 March, the Ministry of Finance of Ukraine assured the admission of the first tranche in the amount of $ 5 billion in new loan program international monetary Fund. Head of IMF mission in Ukraine Nikolay Georgiev said that the Fund already sent Ukraine 1st tranche of financial assistance in the amount of 5 billion dollars, only this year it will be allocated 10 billion. However, to rely on dedicated IMF money will go to investments in the destroyed economy of Ukraine or on social grants, as hopeful certain Ukrainian people's representatives, not worth it." IMF gives loans only to replenish its gold reserves and not fully paying debts for gas. All. Any subsidies, " - said the newspaper VIEW, the General Director of the Ukrainian analytical center Oleksandr Okhrimenko. Before the Prime Minister of Ukraine Arseniy Yatsenyuk confirmed the fact that the IMF tranche cannot be used for social needs.


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sections: Politics