Poroshenko called the success of Ukraine for the IMF funds to pay off past debts
The press service of the President of Ukraine reports that Poroshenko thanked the leadership of the IMF for the "support" of Ukraine in the form of the allocation of the next credit tranche. Recall that on the eve of the IMF decided to allocate Kiev 1 billion. The approval took place after three revisions of the credit program of the so-called expanded financing of the EFF of Ukraine.
The Ukrainian press reports that Ukraine’s receipt of the fourth credit tranche was the first in stories country. For all previous years of cooperation with the IMF, Kiev suspended its participation in loan programs, limiting itself to a maximum of three tranches. This time the situation has gone so far that the Ukrainian budget simply does not have the means to repay the debt on the previous tranches from the International Monetary Fund, and the lion’s share of the new tranche will go towards paying debts. At the same time, the Ukrainian president set the situation as his next achievement.
Crumbled in thanks to Kristin Lagarde, Poroshenko routinely put into his Facebook account a tirade about "counteracting Russian aggression":
Not everyone believed in Ukraine that this is a success.
The Ukrainian press reports that Ukraine’s receipt of the fourth credit tranche was the first in stories country. For all previous years of cooperation with the IMF, Kiev suspended its participation in loan programs, limiting itself to a maximum of three tranches. This time the situation has gone so far that the Ukrainian budget simply does not have the means to repay the debt on the previous tranches from the International Monetary Fund, and the lion’s share of the new tranche will go towards paying debts. At the same time, the Ukrainian president set the situation as his next achievement.
Crumbled in thanks to Kristin Lagarde, Poroshenko routinely put into his Facebook account a tirade about "counteracting Russian aggression":
The IMF Board of Directors decided to allocate one billion dollars to Ukraine. This is another recognition of Ukrainian reforms!
For the first time in the history of Ukraine’s relations with the IMF, our state received the fourth tranche under a single program of expanded IMF financing. We have jointly created this success story and, I believe, we will continue our cooperation with a view to bringing Ukraine onto a steady growth trend.
Thank you Christine Lagarde, Managing Director of the International Monetary Fund, for her personal dedication and faith in the success of Ukraine’s development program.
Our success on the domestic front of reforms, as well as international unity and solidarity, is the best response to the continuing Russian aggression and attempts to destabilize Ukraine from the Kremlin.
For the first time in the history of Ukraine’s relations with the IMF, our state received the fourth tranche under a single program of expanded IMF financing. We have jointly created this success story and, I believe, we will continue our cooperation with a view to bringing Ukraine onto a steady growth trend.
Thank you Christine Lagarde, Managing Director of the International Monetary Fund, for her personal dedication and faith in the success of Ukraine’s development program.
Our success on the domestic front of reforms, as well as international unity and solidarity, is the best response to the continuing Russian aggression and attempts to destabilize Ukraine from the Kremlin.
Not everyone believed in Ukraine that this is a success.
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