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Ukraine continues negotiations with the IMF on the draft budget for next year. There are also discussions about anti-corruption policy.
The head of the NBU Kirill Shevchenko said this in an interview with Zn.ua. “The discussions of our IMF partners with the Ministry of Finance and the Ministry of Economic Development and Trade continue around several key budget indicators. In particular, on the level of income, the magnitude of the budget deficit and its financing. We understand that in the medium term it would be desirable to reduce the budget deficit to 2-3% of GDP, but under current conditions, when the economy is suffering from the crisis, it is very difficult, “said Shevchenko.
What the IMF is not satisfied with:
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Ukraine’s draft budget for 2021 (discussing the size of the deficit and its financing);
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Ukraine’s anti-corruption policy (we can talk, among other things, about rumors about the dismissal of NABU director Artem Sytnik, whose appointment was recognized as illegal).
At the same time, the head of the NBU adds that there is not a single unfulfilled obligation on the part of the regulator to the IMF. The IMF is not about money, it is about trust, explains the banker. In the best case, the fund’s funding can be recovered by the end of 2020.
“We have done a lot. For example, we adopted three-year plans to reduce toxic loans in state banks in the Finstability Council, and in the last two months the level of these loans in state banks has already decreased significantly. Over banks. and banking, but here we are already in the final stage of implementation, “explained Shevchenko.
As OBOZREVATEL reported:
