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Ukraine, IMF discuss economic, financial policy — Ukrainian finance minister

March 19, 2014, 14:04 UTC+3 KIEV
The Ukrainian government holds consultations with the IMF daily, says Ukrainian Finance Minister appointed by the Verkhovna Rada
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Oleksandr Shlapak

Oleksandr Shlapak


KIEV, March 19. /ITAR-TASS/. Ukraine’s Finance Minister Oleksandr Shlapak, appointed by the Verkhovna Rada, said on Wednesday Ukraine and the IMF (International Monetary Fund) were working on economic and financial policy for Kiev.

“The Ukrainian government holds consultations with the IMF daily. We’re working on economic and financial policy for Kiev,” Shlapak said, adding that the parties were planning to give an account on the first stage of cooperation before Arseniy Yatsenyuk, who was appointed as Prime Minister by the Verkhovna Rada, left for Brussels. The visit is slated for March 21.

“The government will fulfil all obligations because it has no other way,” the Ukrainian prime minister said.

Ukraine and the IMF signed the memorandum in the summer 2010. The IMF opened a financial support program to Ukraineworth $15.5 billion. Ukraine received two tranches woth $3 billion. The program was suspended due to the fact that Ukraine failed to fulfil the IMF conditions.

The IMF mission has worked in Kiev since March 4 under the leadership of Bulgaria’s Nikolay Georgiev. On March 21, experts should assess the situation in the country and discuss economic reforms.


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