PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
MOSCOW, December 10 /TASS/. The International Monetary Fund (IMF) has adopted "irrational" changes to its credit policy under the US influence, Mykola Azarov, Ukraine’s former prime minister and the head of the Ukraine Salvation Committee, said commenting the IMF reform, which allows granting financial aid to Ukraine in conditions of default.
"The IMF is a politicized organization under the US control," Azarov said in an interview aired by Channel Russia 1.
"How can one issue credits to someone who is bankrupt? To encourage the practice of not returning the debts? It is an absolutely absurd and irrational decision. It was done proceeding from the US political approaches in the first place," Ukraine’s former prime minister said.
On December 8, the IMF Board of Directors lifted a ban on issuing credits to countries with an overdue sovereign debt. It means that the IMF will continue implementing its anti-crisis progrramme for Ukraine even if Kiev delays its payment of debts to Russia. The Russian Finance Ministry believes the IMF’s decision is valid only for Kiev, which has managed to agree on restructuring its commercial debt with all the creditors. What it has not done is to reach an agreement on an official credit with Russia.
Earlier, Russian President Vladimir Putin said Russia was ready to restructure Ukraine’s debt for 3 billion U.S. dollars if it received guarantees from the United States, the European Union or any other major financial institution. No guarantees have been provided. On December 20, Ukraine is expected to repay its credit to Russia. If Ukraine does not do that, Russia will sue it in court in ten days following that deadline.