Ukraine should take further steps to minimize the risk of increasing the country's needs for credit, otherwise it can not receive further assistance from the International Monetary Fund (IMF), reported on the organization's website imf.org.
Ukraine has already received from the IMF $ 10.5 billion under the program of stand-by, which should completely cover the state budget deficit. However, there may be risks of increasing the deficit, including increased capital outflows and a lack of investment. The Ukrainian authorities should do their utmost capacity to prevent the budget deficit, use the reserves, and additional control measures if the need arises, there is the IMF.
In November 2008, Ukraine asked the IMF for a loan of $ 16.4 billion addition to funds already received by Ukraine, provision is still almost $ 6 billion, of which $ 3.8 billion is planned to provide before the end of this year, possibly in late October - early November.
Ukraine may not receive the next tranche from the IMF, since the Government is not fulfilling its commitments and misinformed management fund, the first deputy head of Presidential Secretariat Oleksandr Shlapak.
According to the IMF in order to get full access to the next tranche, Ukraine needs to adopt new laws on certain issues, in particular reinforce the independence of the central bank to raise gas prices for citizens to review the tax system and pension payments and avoid rising costs social security. Ukraine suffered a decision to raise gas prices from September 1 to October, according to the IMF, the discussion in Parliament was blocked by the opposition, demanding instead an increase in salaries and pensions.
IMF also requires that Ukraine has decided to issue two problem banks: Nadra and Ukrprombank.
Active participants in the derivatives market recovered Prime Minister Yulia Tymoshenko profitable to work without ministerial …
Indices of the Old World finished yesterday, increasing by an average of 0,3%
The rapid growth of the European currencies on Tuesday could be excessive
Rate U.S. currency on Tuesday dropped to its lowest level this year against the euro
Forex Market for 09/09/2009
Kommersant: Automarket climb
The Committee recommends that the OPEC ministers to maintain production levels
Human acting ment
Correction of Russia's market opening gave way to modest growth