Pynzenyk: IMF – the house of the last hope. It is the lender to which you go when no one lends

People’s Deputy of Ukraine from the bloc of Petro Poroshenko, former Minister of Finance, former Minister of economy Viktor Pynzenyk in the program «BATMAN» editor-in-chief of the edition «GORDON» Alesya Batman channel «112 Ukraine» called the international monetary Fund, «the house of last resort».

«What is the international monetary Fund? This is the home of the last hope. It is the lender to which you go when no one gives money… Such is the nature of the International monetary Fund, it is for this and created,» said Pynzenyk.

He added that Ukrainian authorities earlier borrowed funds.

«I’ve been borrowing for the Ukrainian government, and we did not need the international monetary Fund. We took €600 million at 5% per annum – good credit. The Ukrainian conditions were such that we borrowed… the Demand was $3 billion, now the government to take credit? No. Those borrowings that were made in recent years, have passed only with the support of the U.S. government stood behind the American government,» he said.

Pynzenyk: Ukraine should receive compensation from Russia for losses and damage caused in the Crimea and in the Donbas. Read the full interview

The latest Memorandum of cooperation between Ukraine and the IMF signed in March 2015, within four years, the Fund needs to provide Ukraine with $17.5 billion In the framework of this programme the Ukrainian government has already received four tranches totaling $8.7 billion.

In may 2017, the IMF said that for the completion of the revision of the program expect that the Ukrainian authorities ensure that parliamentary support land and pension reforms, anti-corruption bills and the intensification of the privatization process.

On October 26 the national Bank of Ukraine said that they expect receipt of funds no earlier than the first quarter of 2018.

On December 18, the IMF said Ukrainian authorities have to adjust the price of natural gas on the domestic market to the level of import prices.




Pynzenyk: IMF – the house of the last hope. It is the lender to which you go when no one lends 11.01.2018

0
Январь 11th, 2018 by
36 queries