Friday, September 3, 2010

Tymoshenko hopes to review the program of cooperation with the IMF

Wednesday, October 21, 2009, 15:25
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Prime Minister of Ukraine Yulia Tymoshenko hopes that the program of Ukraine's cooperation with the International Monetary Fund (IMF) will be successfully reviewed during the current visit of the Fund's mission to Ukraine.

She stated this today, opening government meeting, the Ashgabat correspondent of RBC-Ukraine.

She stressed that at present all the ministries and Naftogaz are working on balancing their positions, the issues of cooperation with the IMF. This work is progressing well, and we hope that the anti-crisis program, which is a cooperation program with the IMF, will be successfully restructured. And as a consequence will occur modernization of public finance, - said Tymoshenko.

It was reported that an IMF mission arrived in Ukraine on October 12 and will stay in Kiev to 24 October. The Fund's experts should evaluate the performance indicators of performance criteria for the program stand-by in accordance with the Memorandum of Economic and Financial Policy of July 23, 2009, signed between Ukraine and the IMF.

expected that the fourth tranche of $ 2.5 billion SDR (about 3.71 billion dollars) will be highlighted in our country, November 15, 2009 It is worth noting that earlier stock experts stressed that the IMF has applied a more flexible provision loans for Ukraine, despite the large budget deficit.
Recall that in November last year, the IMF approved Ukraine's two-year program totaling $ 16.4 billion to $ At the same time the Fund has committed Ukraine, the first tranche of U.S. $ 4.5 billion second tranche of the IMF loan in the amount of $ 2.625 billion was received May 14, 2009 , the third tranche in the amount of the amount of $ 3.3 billion, Ukraine received on August 5. In view of this tranche of the total amount of credit allocated to Kiev for an IMF program is 10.9 billion dollars

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