Prime Minister of Ukraine criticized the IMF for “passive” support
The International Monetary Fund (IMF) provides “passive” support for Ukraine and are unable to agree on a new financing program, said Ukrainian Prime Minister Denys Shmygal.
“While the US and Europe are in the lead political positions, we are faced with a fairly passive attitude from the IMF.” ,— he said (quote from RBC Ukraine).
At the same time, according to him, in 2014-2015, the IMF supported Ukraine better: then it received $17 billion from the fund. prompt response in March when we received very prompt assistance. Now, unfortunately, we have relative slippage in the support of the IMF,»,— the politician noted.
Western countries and international organizations have stepped up their financial assistance to Ukraine against the backdrop of Russia's special operation. In August, Ukraine received €1 billion from the IMF, and in March the organization announced a support package for another $3 billion.
As part of the new IMF financing program, the terms of which are currently being discussed, Ukraine expects to receive $20 billion in November of this of the year. The payment of these funds will be calculated for two to three years, said the head of the National Bank (NBU) of Ukraine Kirill Shevchenko. As of August 25, Ukraine's public debt was 68% of GDP. According to the IMF, by the end of the year it will amount to 86% of GDP.
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