Paintings by Chagall, Russian 16th century icons to be on display at art fair in BrusselsSociety & Culture January 16, 21:50
Russia calls to probe into attack on Moscow Patriarchate’s church in Kiev — diplomatRussian Politics & Diplomacy January 16, 21:25
Russia, US start restoring business ties — ombudsmanBusiness & Economy January 16, 21:21
Figure skating pairs competition excluded from schedule of 2017 Winter UniversiadeSport January 16, 20:34
DPR top diplomat blames Kiev for dodging discussion of Steinmeier formula implementationWorld January 16, 20:14
IMF maintains forecast for global economy growth in 2017 at 3.4%Business & Economy January 16, 19:45
Six more settlements join Syria ceasefire regime — Defense MinistryWorld January 16, 19:22
Foreign Ministry: Washington initiating new arms race in EuropeRussian Politics & Diplomacy January 16, 19:15
Diplomat says anti-terror efforts must not be hostage to political ambitionsRussian Politics & Diplomacy January 16, 19:08
KIEV, May 28 (Itar-Tass) — The International Monetary Fund (IMF) will consider the possibility of opening a new credit line to Ukraine when it sees that the Ukrainian government is ready to hike gas bills for the population, Chris Jarvis, the head of the IMF mission in Ukraine, told a briefing on Monday.
The IMF mission visited Ukraine on May 21-28 to end discussions on article 4 of the IMF charter which provides for discussion of the government’s economic policy in a set period of time. The procedure is standard for all IMF members.
The mission’s representatives met Ukrainian Prime Minister Nikolai Azarov, the National Bank President Sergei Arbuzov, the heads of ministries and departments and businessmen.
In 2010, the Ukrainian government and the IMF agreed on a new credit program for Ukraine worth 15.16 billion dollars. Ukraine received two IMF tranches for a total sum exceeding 3.4 billion dollars. However, cooperation on this program has been frozen since December 2010. The IMF demands that Ukraine raise gas prices for the population, something which the Ukrainian government has been refusing to do so far.
Earlier, Azarov said that Ukraine was not going to ‘beg’ the IMF for loans.