Currency converter
All news
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

Ukraine's Opposition Bloc accuses authorities of using war to screen inability for reforms

May 12, 2015, 15:44 UTC+3 KIEV

The opposition says the authorities should do everything to stop the hostilities in Ukraine’s south-east

1 pages in this article
©  ITAR-TASS/Maxim Nikitin

KIEV, May 12. /TASS/. Ukrainian authorities instead of having effective economic and social reforms are begging for help from the International Monetary Fund (IMF), the Opposition Bloc faction in the country’s Verkhovna Rada (parliament) said in a statement presented on Tuesday.

"The authorities excuse their inability for reforms by the war, which now has become clear even to the international counterparts and Ukraine’s creditors as they say they are not happy with the speed of reforms in the country."

The government, which is "sick with begging for loans and borrowings, is humiliating all hard-working Ukrainians, who are happy to work for their country."

The opposition says the authorities should do everything to stop the hostilities in Ukraine’s south-east, to begin realistic reforms, to cancel raised tariffs and to offer social protection for the retirees and poor.

A mission of IMF commenced work in Ukraine on Tuesday, a representative of Ukraine’s Finance Ministry told TASS.

"The mission’s planned work started today in Ukraine. It will last for around 2-3 weeks, if needed the mission’s work period may be extended," the representative said.

In March this year, Ukraine received the first IMF tranche worth $5 bln within the framework of the 4-year financial aid plan worth a total of $17.5 bln.

The new IMF program is the main component part of the international anti-crisis aid package provided to Ukraine, estimated at around $40 bln in the next 4 years. Within the package, remission of around $15 bln worth of Ukraine’s debts is also stipulated.

Show more
In other media
Partner News