[ad_1]
The International Monetary Fund gives money “enough” for Ukraine to pay its external debts, said Mikhail Saakashvili, head of the Executive Committee of the National Council for Reforms of Ukraine.
Former President of Georgia, head of the Executive Committee of the National Council for Reforms of Ukraine, Mikhail Saakashvili, aired on the program “Right to Water” on the 1 + 1 television channel, expressed the opinion on the night of May 14 that Ukraine should reject loans from the International Monetary Fund.
According to him, the IMF gives money “exactly the same” for Ukraine to pay off external debts.
“And because of this, we are constantly forced to bow. I once rejected IMF services in Georgia. I think Ukraine is strong enough to reject it. But, of course, not for the purpose of returning the old thieves, but to make reforms and changes in a civilized way. And in this sense, we are still at the forefront, “Saakashvili said.
In December 2019, Ukraine and the IMF agreed on a three-year extended financing program (EFF) in the amount of 4 billion special drawing rights (approximately $ 5.5 billion). Kiev has not received a single tranche under this program.
Before granting a loan, the IMF insisted on opening a land market and prohibiting the return of nationalized banks to former owners (this document, in particular, excludes the possibility of PrivatBank returning to businessman Igor Kolomoisky). The Fund’s managing director, Kristalina Georgieva, noted that the adoption of these documents “will allow us to move quickly towards finalizing the parameters of a new agreement with broader access than previously thought.”
The Verkhovna Rada adopted the Land Reform Law on March 31, 2020. The land market in Ukraine should win from July 1, 2021.
Parliament passed the law on improving some banking regulatory mechanisms at first reading. In the second reading, the document can be voted on May 13.
On May 7, IMF spokesman Jerry Rice announced that the Fund and Ukraine were reorienting the 36-month EFF extended financing program previously agreed to the 18-month stand-by program.
On May 12, Ukraine’s Prime Minister Denis Shmygal announced that a memorandum of cooperation between Ukraine and the IMF could be signed before the end of May.
[ad_2]
