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I hope this IMF program will be the last one, - Ukraine's Minister of Finance

"This program will be new and a little longer. I really hope we can call it the last one," Oksana Markarova said
10:18, 3 September 2019

112 Agency

The new Cabinet intends to work to ensure that this cooperation program with the International Monetary Fund is the last and Ukraine can "live without loans." This was stated by Minister of Finance Oksana Markarova on Freedom of Speech TV program.

“Formal missions come to us to discuss the program or its revision. Now we expect such a discussion. This program will be new and last a little longer. I really hope we can call it the last program. For previous years, Ukraine has always completed and terminated these programs," Markarova said.

Related: IMF cuts forecast of world economy growth by 0.1 percent


According to the Minister of Finance, now Ukraine's task is to bring the country to such an economic level that it could withdraw from the program and can live on its own, like other European countries.

Earlier, Prime Minister of Ukraine Oleksiy Honcharuk from the rostrum of the Verkhovna Rada said that Ukraine would negotiate with the IMF on a new 3-4-year cooperation program.

It was also reported that the IMF mission would arrive in Ukraine to start negotiations on signing a new credit program immediately after a new government is formed and it determines its priorities.

Related: Ukraine's lost opportunity: Bulgarian experience

 

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