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IMF reacts to resignation of Ukraine’s Finance Minister

IMF expresses the concern on the possible changes of the institutional role of the Finance Ministry
12:29, 8 June 2018

Open source

The International Monetary Fund (IMF) has emphasized the importance of the preserving of the leading role of the Finance Ministry in Ukraine for the forming of the fiscal policy due to the dismissal of Finance Minister Oleksandr Danylyuk. Gerry Rice, the Director of IMF Communications Department claimed this as Ukrinform reported.

‘We do not comment the personnel matters toward particular people but we express the concern on the possible changes of the institutional role of the Finance Ministry (of Ukraine, - 112.international),' he noted.

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At the same time, he emphasized, that according to the IMF ‘the Finance Ministry should preserve its leading and crucial role in the forming of the fiscal policy’.

Rice also reminded that Oleksandr Danylyuk as the Finance Minister of Ukraine directly participated in the negotiations with IMF and was ‘staunch supporter of reforms’.

On May 23, the argument between the Finance Minister Oleksandr Danylyuk and the Prime Minister Volodymyr Groysman took place. The reason was the demand of Finance Minister to appoint one more deputy for him. According to his explanations, he cannot work properly without him.

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Groysman offered the minister to resign after this but Danylyuk left the session hall.

After a while, the Finance Minister sent the letter to G7 Ambassadors in which he explained that reasons of the arguments with the Ukrainian Prime Minister. Particularly, he describes the unwilling of Groysman to appoint Yana Buhrymova as Danylyuk's deputy.

On June 6, Volodymyr Groysman reported signing the submission for the dismissal of the Finance Minister from his post. Danylyuk claimed that he is put on pressure and demanded to deliver a speech at the parliament before the voting on his resignation.

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On June 7, the Verkhovna Rada of Ukraine adopted the governmental bill on the dismissal of Oleksandr Danylyuk from the post of the Finance Minister of Ukraine.

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