Ukrainian national currency has no reason to strengthen, as in Ukraine to date there has been a process of stagflation (the state of the economy, characterized by stagnation, inflation and the increase in unemployment - Ed.). This was today at a press conference was former deputy chairman of the National Bank of Ukraine Sergey Yaremenko.
According to him, now National Bank continues to struggle with inflation, while in other European countries are struggling with high unemployment and stop production. At the same time, the expert pointed out that the fight against inflation in Ukraine is carried out using a rigid monetary policy - money.
These methods of combating inflation embodied in the Memorandum, which the Government agreed with the International Monetary Fund of Ukraine within the framework of the stabilization loan.
National Bank is a non-reactive as in the banking system, and in relation to the economy: it is not refinansiruet commercial banks …, he announces bid (view - Ed.), but does not provide money to refinance any short or long. The prices of their (credit - Ed.), the duration and the possibility of obtaining (refinancing - Ed.) nobody knows, - he said. At present, no matter what level of inflation in Ukraine, because of the economy operate properly laid the governance, the expert believes. Memorandum for the IMF we have adopted a model of leadership in the situation, - he said.
In addition, S. Yaremenko believes that if the IMF would delay or suspend the listing of the Ukraine subsequent tranches, it will affect psychologically devaluate hryvnya.
Help. International Monetary Fund 5 Nov, 2008 approved the allocation of Ukraine stabilization loan of 16.43 billion U.S.. United States to build confidence in the financial sector and aid the economy of the country affected by the global financial crisis.
In November 2008, Ukraine received the first tranche of a loan of $ 4.5 billion.
in January 2009 in Ukraine, the IMF mission, which was to take the decision to grant or not Ukraine, the second tranche.
March 31, the Verkhovna Rada consider a package of bills would allow for the second tranche of IMF credit. For example, BP has adopted legislation to increase the rates of excise duty on alcohol and tobacco.
At the same time, the parliament refused to include in the agenda of the three bills proposed by the Government. In particular, these laws provide for 7 725.19 mln. compensation NAK Naftogaz Ukraine loss from the sale of imported gas in 2009 (№ 4266), as well as changes in laws on Pensions (№ 3521 № 4217). The adoption of these bills by Parliament Cabinet called condition the resumption of cooperation with the International Monetary Fund.
Anatoly Lebedev left the presidency Uralkali
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