Zelensky told why the IMF rejected a tranche



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Zelensky told why the IMF rejected a tranche

Photo: RBK-Ukraine

Zelensky explained the refusal of the IMF

The head of state said he has “plan B” and “plan C” in case of further refusal from the International Monetary Fund.

Ukraine did not receive the tranche from the IMF for various reasons. In particular, the Ukrainian government must pass a series of laws. This was announced on Monday, February 22, by President Volodymyr Zelenskyy in an interview with journalists during the Ukraine 30 forum.

Zelensky pointed out that Ukraine is in the IMF program, according to which it has already received 2.1 billion dollars.

“We also have two tranches. In total, this program has three tranches: 700 million and another 700 million. Now they had to give a date when the second tranche will be allocated for another 700 million. The program was not implemented due to various things. “, He said.

At the same time, Zelensky noted that he has a backup plan in case the IMF rejects the tranche.

“I am sure that (Ukraine will receive the tranche from the IMF at the end of the year, – ed.). Usually we do not have that question” if not “. If not, we always have” plan B, plan C “, – noted the president.

Among the reasons why the program was not implemented, Zelensky mentioned the law of the Superior Council of Justice (SCJ). However, the corresponding SCJ bill as well as the NABU bill have already been registered, he noted.

Zelensky added that there are also several more economic agreements that Ukraine must meet to receive the tranche.

It was previously reported that the IMF virtual mission ended without result. Loans were frozen due to slow reforms.

Subsequently, the PO announced the continuation of negotiations with the IMF in three areas at the same time.

There is not enough progress. Outcome of the IMF mission in Ukraine

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