Date: 2 months ago   Category: Economy

Media called four conditions of the IMF for receiving the new credit by Ukraine — Rambler News Service


The International Monetary Fund (IMF) has laid down to Kiev four conditions for receiving the next credit, has reported the Ekonomicheskaya Pravda edition with reference to sources. Now Ukraine has to undertake anti-corruption reform, reorganize the Public fiscal service, adopt the balanced federal budget and raise gas prices by 23% till October 15. According to the edition, Kiev won't be able to execute the program of expanded cooperation of EFF approved in 2015 for 100%. She provides continuation of reforms that it is extremely difficult to carry out in the run-up to the presidential elections. Therefore the parties have tried to agree on the new program of cooperation under the name Stand-by which period of validity makes 12-15 months. During this time Kiev hopes to receive $5-6 billion. Anti-corruption reform assumes redistribution of functions on verification of electronic declarations in favor of the National Anti-corruption Bureau of Ukraine (NACBU). As for adoption of the balanced budget, the IMF I have already approved his first project practically without complaints. Now in fund wait that the document in the majority it and will remain by the time of acceptance. The program of financial aid of the IMF to Ukraine is calculated on four years and provides allocation of $17,5 billion. It comes to an end with spring of the next year. This year Kiev expects to receive $1,9 billion within the program. Last week the Ukrainskiye Novosti edition has reported about a failure of negotiations of the Ukrainian authorities with the IMF.

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