The new programme international monetary Fund in support of Ukraine is connected with great risk and uncertainty, as the recovery of the economy after the fall will need tightening fiscal policy, warned the managing Director of the Fund Kristalina Georgieva. The Board of governors of the international monetary Fund has released a new program to support Ukraine in 18 months with a total amount of five billion dollars, the 1st tranche will amount to 2, 1 billion. The head of IMF said that Ukraine's public debt remains high and financing needs." Although fiscal policy Under the program will be at the outset aimed to do battle with the recession, fiscal policy will need to tighten as the recovery of the economy to begin to reduce the national debt, " said Georgieva. She also warned about the need to preserve the independence of the Central Bank of the country. Fiscal policy must achieve a balance between maintaining financial stability and supporting economic recovery, concluded Georgieva. in the press release of the IMF to deal with the disbursement of the loan, it is also reported about the fact that Ukraine needs more reforms for economic improvement. At the same time the pandemic coronavirus has added to the uncertainty, and the economy is projected to seriously decline in 2020. "it is expected that the budget 2020 will have a heavy impact, the income will quickly fall, and will need a large emergency spending to combat the crisis," emphasizes the Foundation. On 13 may the Verkhovna Rada at an extraordinary meeting adopted the draft law on banking regulation. This document is one of the conditions for the continuation of cooperation with the IMF. The new rule should regulate the withdrawal of insolvent credit institutions and were not allowed to return to their former owners. Director Vladimir Zelensky signed the document on 21 may. The new law, for example, makes it impossible to return to his former PrivatBank owner Ihor Kolomoisky. <span style="color:darkgray