The IMF stands ready to continue the program for Ukraine, but waiting for new reforms


WASHINGTON, February 11. /Corr. Andrew Shitov/. The IMF stands ready to continue the program for Ukraine, but waiting for new reforms, especially in the area of good governance and the fight against corruption. The official representative of the Fund Jerry rice confirmed this on a regular briefing for journalists. He referred to statements on this subject made yesterday by the managing Director of the IMF, Christine Lagarde.

Particularly emphasized by the phrase of concern about Lagarde “slow progress” of Ukraine in improving governance and fighting corruption and that “without significant new efforts” in this direction “it is difficult to see how IMF-supported program could continue and be successful.” Rice has indicated that such concerns were shared both the IMF and the “international community”.

This same phrase – with emphasis on “new efforts” – rice said in answer to the question of how much time may be needed to assess further progress and will not need to do this at least a few weeks. A reporter asked whether the IMF, in particular, concrete steps by the Ukrainian Prosecutor’s office.

Rice did not name the possible completion of the second review of the Ukrainian anti-crisis program necessary for the allocation of the next credit tranche. “I can’t tell you the date when the Board will consider” the issue, he said. According to him, this will depend on “the resolution of the remaining issues, as well as from greater clarification around the government and the coalition” in Ukraine.

Finally, rice has confirmed that we are not talking about combining the second and third reviews that would allow Kiev to receive more funds. “We are now focused on the policy, which is necessary for the completion of the second review, he said. – The combination of surveys is not currently being considered.”

On a direct question of the Ukrainian journalist, the IMF can vouch that the program for Ukraine will not be terminated, rice said that the Fund “remains interaction with Ukraine, with the Ukrainian authorities on the program, on the policies underlying the program, and program goals.”