Soros: the IMF is obliged to immediately provide Ukraine with More than 20 billion dollars

International monetary Fund (IMF) is obliged to immediately provide Ukraine with financial assistance amounting to More than $ 20 billion, said the American Financier George Soros.
This point of view he expressed in the publication named " Wake up, Europe!", published in the magazine New York Review of Books." The IMF is obliged to immediately provide Ukraine with More than 20 billion dollars and promise to increase the size of the support, if necessary. Partners of Ukraine are obliged to provide additional funding depending on the implementation of the IMF program, " writes Soros. According to him, $ 4 billion required to cover the deficit of the budget, $ 2 billion to repair coal mine in Eastern Ukraine, which remains under the control of the country, another 2 billion dollars for the purchase of Ukraine for more gas in the winter. The remaining amount should, in his vision, to replenish the reserves of the National Bank of the state. Financier stresses that the IMF must help Ukraine to transfer its debt in Eurobonds amounting to almost $ 18 billion, not more risky long-term securities. Reviews Soros, this will ease the debt burden of the state. Billionaire agitating Also to carry out a radical reform of the Ukrainian public organization " Naftogaz of Ukraine ", which, According to the financier, is " a black hole in the budget and the main source of bribery ". Soros emphasizes that entered against Russia punishment harm the European economy, increasing the risk of recession and deflation." punishment have a negative impact not only on the Russian Federation, but also on the economy of European countries, and among them the Federal Republic of Germany, " said the Billionaire. First of Soros stated that the provision of the EU political and financial support Ukraine is no less important than punishment against Russia. Remember, international monetary Fund promised Ukraine assistance in the amount of 17 billion dollars. 1st tranche 3, $ 2 billion Kyiv received in may. on 4 September, the government of Ukraine told about the capture of the second tranche of the IMF in the amount of 1, 39 billion dollars. Relations between Russia and the West deteriorated in connection with the situation in Ukraine. on 12 September the EU and the US on the background of the progress of the Minsk agreements between Kiev and militias Donbass about stopping the fire entered against Russia fresh penalties against financial, oil and defense industries. Also expanded the list of individuals who are under punishment.

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sections: Politics