Ukraine failed to meet 42 conditions to continue cooperation with the International Monetary Fund (IMF), specifically to receive the next tranche of USD 1.3 billion of the IMF loan under the EFF programme before the yearend.
Ukrainian News Agency announced this an article "Goodbye IMF: the list of open commitments" http://ukranews.com/publication/1863-mvf-do-svydanyya-spysok-nevypolnennykh-ukraynoy-obyazatelstv.
The article lists of commitments Ukraine did not fulfil completely or partially.
Apart from the three main demands required to continue disbursement of the loan funds: adoption of the national budget for 2017, solution of the question of increase of PrivatBank's capital, vesting the National Anti-Corruption Bureau (NACB) with wider power (wiretapping, access to computer systems, informational leak protection, undercover operations); Odessa Port Plant still has not been privatised, the legal framework for the pension reform has not been adopted, and the law on commerce in lands of agricultural designation has not been passed.
Moreover, a number of bills in the banking, energy, agricultural sectors and privatisation has not been prepared.
No regulations and standards for state-owned enterprises and the fiscal service have been adopted either.
As Ukrainian News Agency earlier reported, Governor of the National Bank of Ukraine (NBU) Valeriya Hontareva on December 8 said that the next IMF tranche could be disbursed in January or February 2017.
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