Date: 3 months ago   Category: Economy

Discussion on further financing of Kiev continues, have declared in the IMF - RIA Novosti, 9/20/2018


WASHINGTON, 20 Sep – RIA Novosti, Ekaterina Sobol. The International Monetary Fund (IMF) continues discussion on further financing of Kiev, the decision isn't made yet, the representative of fund Gerry Rice within the regular briefing in Washington.© with AP Photo/Natacha Pisarenko the Terrible help has answered a question of journalists of a possibility of granting the new credit for Ukraine: as the IMF does the countries by bankrupts" our personnel were in Kiev, discussion with the Ukrainian authorities concerned continuation of our efforts on maintenance of policy and reforms and macroeconomic stability and growth in Ukraine and also possible financial support from fund. We have no more specific details concerning these discussions which continue. We have no specific dates on decision-making" — he has answered a question of the new program of financing for Kiev and leaks in the Ukrainian press under the terms for the new program. Earlier "The Ukrainian news" with reference to a source have reported that Ukraine and the IMF agree on the new program of financing by means of which start already now Kiev will be able to be refinanced, avoid sharp increase in prices for gas and a default. The mission of the IMF worked in Kiev on September 6-19. However, according to edition sources, has to begin to Pass with a condition for the new memorandum of cooperation adoption of the state budget for 2019 RIA Novosti / Alexander Maksimenko into an image bank the American experts have predicted "financial chaos" on Ukrainepo given editions, such requirement of the IMF became for Kiev unexpected as the Ukrainian authorities expected to lift a state budget subject in negotiations with the IMF in the winter. At the same time, according to the edition, the IMF hasn't accepted from the Ukrainian authorities any guarantees concerning adoption of the state budget in connection with "total loss of trust". The four-year aid program of the IMF with use of the mechanism of expanded financing (EFF) provides allocation to Ukraine 17,5 billion dollars. In March, 2015 the first tranche in 5 billion dollars, in August of the same year — the second tranche in 1,7 billion dollars has been listed. In 2016 and 2017 Ukraine has received on one tranche in 1 billion dollars everyone. The authorities of Ukraine expected to receive the fifth tranche until the end of 2017, however he is still not allocated. Now Kiev counts on receiving a tranche this year.

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