Jaresko: IMF to stop credit program in case of government change in Ukraine
Finance minister emphasized that collaboration with IMF is vital for Ukraine
International Monetary Fund (IMF) will stop Extended Fund Facility program (EFF) in case of government change in Ukraine and will renew it only after a new Cabinet pledges to fulfill obligations the current government has already committed to, stated Natalie Jaresko on one of Ukrainian TV channels, informs “Interfax-Ukraine”.
“They (the IMF) will wait until it becomes clear what the executive authorities are going to look like and whether they are going to fulfill obligations under which we have already received $6,7 billion and are soon planning to receive $1,7 billion more”, - Jaresko said.
Finance minister underlined that co-operation with IMF is vital to Ukraine because currently there are no other creditors ready to supply funds to Ukraine on such a long-term basis and at such subsidized rates.
Earlier President Petro Poroshenko informed about the allocation of $1.7 billion from IMF. In her turn Head of the National Bank of Ukraine Valeriya Gontareva claimed that memorandum on co-operation between Ukraine and IMF will be signed in the next couple of days.
- SOCIETY13:30Moscow court rejects appeal on Sushchenko’s arrest
- SOCIETY12:43112 Ukraine becomes best news TV channel 2016
- SOCIETY11:21Savchenko in Moscow walks on Red Square and visits Ukraine’s Embassy
- POLITICS10:32NATO describes rotation of forces in Eastern Europe
- UKRAINE CRISIS 09:44Militants increase fire activity: 72 attacks reported, - ATO HQ
- UKRAINE CRISIS 09:05Russia sends its 57th humanitarian convoy to Donbas
- SOCIETY08:14Russia provides Netherlands with MH17 materials
- UKRAINE CRISIS 23:59Donbas conflict: 28 attacks reported, - ATO HQ
- UKRAINE CRISIS 23:14OSCE Representative to visit occupied Donbas, meet Ukraine’s hostages
- UKRAINE CRISIS 22:31Next Trilateral Contact Group meeting in Minsk planned for November 9
SOCIETY 10:30, 18 July Matriculation campaign 2015: new challenges for Ukraine
19:02, 26 October Anti-Putin protests in Tel-Aviv
18:44, 26 October Russia's Supreme Court hearing in Klykh-Karpyuk case