shortly Ukraine will arrive technical mission from the International Monetary Fund, which will hold an expert analysis of the situation in the country and preparing to revise the program of cooperation for Ukraine”s fourth tranche of the credit stand-by, said Deputy Prime Minister Grigory Nemyrya. IMF pledged Ukraine SDR 2,5 billion (cross-rate of $ 3.92 billion). “The technical mission of the IMF, together with specialists from the Ministry of Finance will continue to discuss the parameters and status of budget execution in 2010″ - he said.
In 2008-2009, Ukraine has gained three tranches of IMF credit assistance amounting to over $ 10.5 billion, a fourth tranche, tentatively scheduled for November 2009, has been postponed indefinitely because of coming into force of the law “On establishing a living minimum and the minimum wage in 2010, “which is opposed by the IMF. Head of Fund Managing Director Dominique Strauss-Kahn, promised to resume work with Ukraine after the presidential election. The second round of voting, in which overlook the Party of Regions leader Viktor Yanukovych and Prime Minister Yulia Tymoshenko, will be held on February 7. But on Dec. 30, 2009 The IMF w1000ent on assignment to the Government and allow to reduce the minimum level of net international reserves of the NBU for almost $ 2 billion in connection with the necessity of calculations with Russia for gas. This NAK Naftogaz of Ukraine has been able to pay Gazprom $ 892 million for imported gas in December.
The IMF representative in Ukraine, told Kommersant that the arrival of the official mission of the Fund in Kiev can not until the second decade of February. “First, the formal head of the mission remains Ceyla Pazarbasioglu and Athanasios Arvantis her successor takes office until February. Secondly, you must wait for the election to know who will have to negotiate,” - said a source in the IMF.
According to the analyst
Renaissance Capital Ukraine, Anastasiya Golovach, the main condition for the resumption of cooperation with the IMF was the adoption of the state budget for 2010, but not the identity of the new head of state. “The economic programs of the two candidates differ insignificantly. Regardless of the outcome of the elections, the fourth tranche is possible, and the main condition of its receipt is the adoption of the budget proposal that would satisfy the IMF,” - she said.
agrees with this assessment deputy chairman of the Party of Regions Anatoliy Kinakh: “We are constantly engaged in consultations with the IMF, defending the position that tranches of stock needed. But the government uses them not to leave the country out of crisis, and to cover the cash deficit. I I got the impression that the IMF officials understand our position, so the problems in negotiations should not be. ” Only difficulty, according to Mr. Kinakh, is the need to simultaneously prepare the state budget-2010. “These two works are interrelated, therefore, the talks may last about two months,” - said the people”s deputy. Yulia Tymoshenko proposes to adopt the draft budget for 2010, prepared by the Cabinet in September.
Yuri Panchenko
Reporting of U.S. banks will form the basic dynamics of the movement of stock and commodity markets
Today growth is possible in the oil and gas sector, banks and individual actions on intra ideas
By the sale of state property may be admitted to private companies
Wednesday promises to be quite rich in terms of an information day
Review of the FOREX market for 19.01.10
Forex Market 20/01/2010
“Kommersant”: “Great kishenya” refused to sell a minority stake
Gasoline prices continue to rise
Russia and Belarus will ?…
Banks would tie the hands
They are going to ban raise lending rates …
Kommersant: The IMF mission will examine the preparation of the state budget for 2010
shortly Ukraine will arrive technical mission from the International Monetary Fund, which will hold an expert analysis of the situation in the country and preparing to revise the program of cooperation for Ukraine”s fourth tranche of the credit stand-by, said Deputy Prime Minister Grigory Nemyrya. IMF pledged Ukraine SDR 2,5 billion (cross-rate of $ 3.92 billion). “The technical mission of the IMF, together with specialists from the Ministry of Finance will continue to discuss the parameters and status of budget execution in 2010″ - he said.
In 2008-2009, Ukraine has gained three tranches of IMF credit assistance amounting to over $ 10.5 billion, a fourth tranche, tentatively scheduled for November 2009, has been postponed indefinitely because of coming into force of the law “On establishing a living minimum and the minimum wage in 2010, “which is opposed by the IMF. Head of Fund Managing Director Dominique Strauss-Kahn, promised to resume work with Ukraine after the presidential election. The second round of voting, in which overlook the Party of Regions leader Viktor Yanukovych and Prime Minister Yulia Tymoshenko, will be held on February 7. But on Dec. 30, 2009 The IMF w1000ent on assignment to the Government and allow to reduce the minimum level of net international reserves of the NBU for almost $ 2 billion in connection with the necessity of calculations with Russia for gas. This NAK Naftogaz of Ukraine has been able to pay Gazprom $ 892 million for imported gas in December.
The IMF representative in Ukraine, told Kommersant that the arrival of the official mission of the Fund in Kiev can not until the second decade of February. “First, the formal head of the mission remains Ceyla Pazarbasioglu and Athanasios Arvantis her successor takes office until February. Secondly, you must wait for the election to know who will have to negotiate,” - said a source in the IMF.
According to the analyst
Renaissance Capital Ukraine, Anastasiya Golovach, the main condition for the resumption of cooperation with the IMF was the adoption of the state budget for 2010, but not the identity of the new head of state. “The economic programs of the two candidates differ insignificantly. Regardless of the outcome of the elections, the fourth tranche is possible, and the main condition of its receipt is the adoption of the budget proposal that would satisfy the IMF,” - she said.
agrees with this assessment deputy chairman of the Party of Regions Anatoliy Kinakh: “We are constantly engaged in consultations with the IMF, defending the position that tranches of stock needed. But the government uses them not to leave the country out of crisis, and to cover the cash deficit. I I got the impression that the IMF officials understand our position, so the problems in negotiations should not be. ” Only difficulty, according to Mr. Kinakh, is the need to simultaneously prepare the state budget-2010. “These two works are interrelated, therefore, the talks may last about two months,” - said the people”s deputy. Yulia Tymoshenko proposes to adopt the draft budget for 2010, prepared by the Cabinet in September.
Yuri Panchenko
Reporting of U.S. banks will form the basic dynamics of the movement of stock and commodity markets
Today growth is possible in the oil and gas sector, banks and individual actions on intra ideas
By the sale of state property may be admitted to private companies
Wednesday promises to be quite rich in terms of an information day
Review of the FOREX market for 19.01.10
Forex Market 20/01/2010
“Kommersant”: “Great kishenya” refused to sell a minority stake
Gasoline prices continue to rise
Russia and Belarus will ?…
Banks would tie the hands
They are going to ban raise lending rates …