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13 of February, 23:32

Newsweek: Ukrainian policy will pay dearly for IMF loan
Support from the IMF, which have decided to allocate Ukraine 17, 5 billion euros of financial aid and rescue emaciated country from bankruptcy can be costly Ukrainian politicians, writes the American magazine. The main danger lies in the conditions of providing the loan: the government must cut welfare payments and increase gas prices for residents.

specialist London school of Economics on issues of international strategy and diplomacy David Cadier believes that the agreement with the IMF is very similar to that International organization offered Viktor Yanukovych in January 2014." Then Yanukovych had to make a choice between the money from Russia with not literally understood the terms and IMF proposal, which meant serious reform. Then he thought: "If you choose IMF, I will have to carry out reforms that will lead to an increase in the cost for Ukrainians ". This could put an end to His re-election, and he preferred money From Russia ", - commented the English analyst.

The help of the IMF and currently allocated when execution of a number of serious conditions, and for this reason, and before the current government of Ukraine have similar high risks." The perennial problem is the energy sector. Reform means a significant price increase for Residents, and the government needs to be expensive to pay for It " - says David Cadier.

Ukraine is now in a severe political crisis, which affects its economy and the public sector, in fact the country is on the verge of default. The authorities want to improve the situation of foreign borrowing. The IMF has opened for Ukraine a two-year credit program in more than 17 billion dollars. Of this amount, 4, 6 billion Kyiv received in 2014, the remaining funds must be allocated in 2015.


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