Thursday, December 15, 2016

The IMF will consider Ukraine’s debt to Russia in the next tranche? – RBC

in the allocation of Ukraine the next credit tranche of the international monetary Fund (IMF) will consider its debt to Russia. This was announced by the head of the IMF mission to Ukraine Ron van Ore at a seminar on Ukrainian Economics at the Atlantic Council in Washington, reports TASS.

According to Ruden, such a decision rule, when “there are outstanding debts.” However, he did not answer, is there any progress in the negotiations on the debt issue.

the IMF Representative also said that the next tranche of the loan Ukraine will receive until next year. According to him, this year it is “physically impossible”. “Hopefully, early next year, when the necessary conditions are fulfilled, the question will be submitted to the IMF Board of Directors”.

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the Latest tranche of $ 1 billion, Ukraine received from the IMF in October of this year. Kiev has promised to spend money to increase the international reserves of the National Bank of Ukraine.

while deciding the release of tranches of the representatives of Russia in the Board of the IMF voted against it. The Minister of Finance Anton Siluanov reported that the resumption of lending to Ukraine by the IMF in Moscow considered a violation of the rules of the Fund. According to him, Moscow does not agree with the fact that Kiev has fulfilled all conditions for receiving the tranche. In particular, the Russian authorities have questioned the good faith negotiations on restructuring the debt of Ukraine to Russia for $ 3 billion

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