The IMF mission’s visit to Ukraine postponed again

“When are we going to see a positive reason to review the program, and then decide the date.”

The international monetary Fund has no plans to send to Ukraine mission to the revision of the credit program, indicating another delay with the release of the fifth tranche.

In an interview with RBC-Ukraine, the IMF resident representative Jost Longman said that with the arrival date of the mission will be determined by when the Fund will see the prerequisites for the revision of the program.

“Date of arrival of the mission for the next revision is not currently defined. We are in constant contact with the authorities. When will we see a positive basis for the completion of the revision of the program, and then decide on the date,” – said Longman.

The permanent representative of the Fund also noted that during his visit to Ukraine, Deputy head of the IMF David Lipton question from the date of the mission was not discussed. “The main purpose of the visit of Mr. Lipton to convey the message about the importance of continuing reforms. In the course of the visit were not discussed nor are the details of the reforms, neither the algorithms of reviewing the program,” he said.

According to him, the basis for the revision of the program will be the adoption of pension reform, acceleration of privatization, the question of automatic revision of gas prices and anti-corruption conditions.

He acknowledged that over the past three years in relation to reforms more than in all the years of Ukraine’s independence, but they need to continue.

“It is now important to continue reforms to create the basis for further growth. We see the goal for the near future is the adoption of pension reform, which will make the system of public Finance more stable. We also believe it is necessary to accelerate privatization, which will form the positive dynamics of economic growth. And it is also extremely important to continue the fight against corruption at all levels,” said Longman.

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