The Russian Federation will be determined with recourse to the IMF in Ukraine, after consultation with the Fund


Moscow. December 18. To decide whether to go to the International monetary Fund (IMF) with the request to lock the program to help Ukraine, Russia will, after consultation with the Fund, as the lender is interested in economic growth of the borrower, stated to journalists the Deputy Minister of Finance Sergey Storchak.

“Today this is no solution. To go this route, it is necessary to hold a preliminary consultation and to understand the extent to which the Board of Directors will be ready to support such initiative. For the sovereign is not accepted to walk the route, which obviously does not bring a positive result. If we understand that the result will not be positive, I don’t think there is a sense to insist that the Fund program was suspended,” he said.

The Deputy Minister noted that the ultimate problem of any lender is that he is interested in the economic growth of their borrower. “Without growth credits will not be returned. We in some degree with our debtors go in the same boat. Advantageous for us to develop, only in this case you can expect eventually to return the loan,” he said.