Wednesday 31 July 2013

Ukraine government statements and IMF realities - Opinion - News - Ukraine Business Online

Ukraine government statements and IMF realities - Opinion - News - Ukraine Business Online:

"The issue of a new International Monetary Fund (IMF) loan for Ukraine has been the subject of frequent discussion recently with various members of the Ukrainian government issuing optimistic statements that, taken at face value, would lead the casual observer to believe that another $15 billion loan program is a virtual certainty.

For example, the state news service UkrInform quotes Ukrainian First Deputy Prime Minister Serhiy Arbuzov as saying during a working visit to Vinnytsia region on Tuesday, "The issue concerns a new program where the amount of the loan is envisaged at about $15 billion. However, the discussions on this issue are ongoing. This autumn we expect the mission that will resolve everything. We are currently finalizing the issues that are important to the IMF, and I think that this autumn we should sign a long-awaited agreement.”"

'via Blog this'

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