Russia to vote against next IMF tranche for Ukraine, - Anton Siluanov

Source : 112 Ukraine

IMF tranche at risk: Russian Finance Minister considers conditions for the next tranche are groundless
18:31, 12 September 2016

Open source

Russia considers groundless the statement by the IMF that Ukraine has fulfilled all conditions to get the next tranche and shall vote against it. This was stated by Russian Finance Minister Anton Siluanov, reported by RIA Novosti.

"Our position is open and today we give the order to our representative at the IMF to vote against providing Ukraine with a tranche, because we believe that it was accepted against the rules," - said Siluanov.

Related: Cooperation with IMF will encourage acceleration of economic growth in Ukraine

As it was reported earlier, the IMF formally put the issue on granting Ukraine the next tranche on the agenda of the meeting on September 14.

The Finance Ministry of Ukraine expects a positive decision on the allocation of the next tranche. Finance Minister Oleksandr Danyluk reported that tranche will make not 1.7 billion USD as it was originally planned, and 1 billion USD, guaranteed by the United States. Apart from that he addition, he announced other financial assistance for Ukraine in the amount of 600 million euros, and some other loans for purchasing of gas.

Related: Sefcovic: EU supports increase of gas volume in Ukraine’s gas storages

As it was stated previously by the Vice-President of the European Commission for Energy Union Maros Sefcovic, during a meeting with Andriy Parubiy, the Head of the Verkhovna Rada of Ukraine, adoption of new "energy" bills by the Verkhovna Rada will facilitate 600 million euros tranche from the European Commission.

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