Military Review

Zelensky's office tried to explain why the IMF does not transfer another loan tranche to Ukraine

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The Ukrainian authorities decided to explain why the International Monetary Fund refuses to issue the next tranche of the loan for "financial and economic support". The allocation of funds in Kiev is expected for several months, but the IMF does not allocate money - once, they do not report when they are ready to allocate - two.

We are talking about a program of lending to the Ukrainian economy in the amount of USD 5 billion.

Earlier in the press of Ukraine it was reported that the IMF refused to allocate a tranche due to Kiev's failure to fulfill its obligations, including obligations to fight corruption, as well as due to failure to comply with "directives" to bring energy prices to the "European level."

The situation was commented on by the adviser to the President of the country Oleg Ustenko. Zelensky's adviser said Ukraine expects $ 2,9 billion from the fund. According to him, earlier the IMF has already allocated 2,1 billion out of 5. Ustenko, commenting on the reasons for the IMF's refusal to transfer credit funds in a timely manner, said that "the point is not that we need or do not need to do something."

Ustenko about the reason:

There were logistical problems in the president's office. And the requirements of the IMF ... in them, in fact, are the same as in the president's program: reform of the judicial system, the fight against corruption, etc.

What exactly "and so on", the Ukrainian official did not explain. Is it an increase in gas and electricity prices for the population to the level of Germany? Was such a point also in Zelensky's program?

According to Ustenko, "the problem is of a logistic nature" is related to the fact that "you cannot just change the timing of decisions and reforms."

Ustenko:

As soon as we make such decisions by law, we will fulfill our obligations both to the IMF and to the Ukrainian society.

Recall that for Kiev there is a strict rule for paying off debts to the IMF. It consists in the following: as soon as the growth of Ukraine's GDP exceeds a certain mark (about 2 percent with a little), part of the funds that ensure this growth will be automatically allocated to repay the loan. In fact, this suggests that in the coming years, the growth of the Ukrainian economy (if any is foreseen at all) will be mainly spent on servicing borrowed loans.
Photos used:
Office of the President of Ukraine
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  1. svp67
    svp67 1 March 2021 06: 20
    +5
    Oh, Zelensky and K expect that they will give the appropriate command from Baydan's office and the money will go ... and experience shows that their hopes are justified
    1. Insurgent
      Insurgent 1 March 2021 07: 22
      0
      Zelensky's office tried to explain why the IMF does not transfer another loan tranche to Ukraine


      In fact . The IMF bluntly stated that the Outskirts failed their "homework" (fund terms), and therefore in 2021 will receive only one tranche from the International Monetary Fund under the current cooperation program, instead of the planned two ...

      The international rating agency Fitch Ratings stated this in its forecast:

      "Fitch envisions one IMF disbursement of $ 2021 billion for 0,7, $ 1,5 billion of other official funding, a higher Eurobond issue than the planned $ 1,4 billion, and a 0,2% GDP cut in budget reserves."


      The agency notes that the completion of the first revision of the program is associated with significant risks.

      «
      In particular, parliamentary approval of anti-corruption and judicial reform legislation will be difficult. The IMF's previous actions in these areas were partly a response to a Constitutional Court ruling in Q4 2020 that limited the powers of the National Anti-Corruption Agency and removed criminal liability for false property declarations. We see a slightly lower risk of implementation for the second significant new requirement of the stand-by agreement to lift the December temporary gas price cap ”


      1. orionvitt
        orionvitt 1 March 2021 09: 32
        +5
        Quote: Insurgent
        Outskirts failed their "homework"

        Nothing of the kind, Ukraine "homework" will be done with the diligence of a diligent crammer. And at times it even overfulfills, for the sake of the "teacher". IMF demands, like "fighting corruption", are purely nominal and abstract. The real task of Ukraine is to incite and support Russophobia, and here it is ahead of the rest of the world. The absence of the next tranche can be explained very simply. There is nothing to take from Ukraine. It remains only to finally adopt the law on land in order to "legalize" the "sale" of land that has long been sold. In a word, Ukraine is already a squeezed lemon, or a used rubber product, call it what you want, the meaning will not change. The last function of Ukraine is to burn out to the end in a war with Russia, and then let Russia sort of itself with its impoverished and devastated former territory. So to speak, another headache for Russia and its budget, because the West in Ukraine has already profited in full.
        1. Vladimir Mashkov
          Vladimir Mashkov 1 March 2021 10: 52
          0
          Pathetic funny people. Pathetic, funny "explanations" are babbling. In a word, pathetic clowns.
  2. Cananecat
    Cananecat 1 March 2021 06: 27
    +11
    Problems with logistics in Ukrainian, this is when the previous tranche was not completely smashed to the offices in the fight against corruption ...
  3. Guards turn
    Guards turn 1 March 2021 06: 44
    +12
    Ukraine agreed to sell the land, the banks were bent. And then it turned out that there would be no $ 8 billion. There will be only 5. Then it turned out that they would not give even 5 billion. More precisely, they will give it, but then. And in 2020 there will be 2 billion plus another one and a half. They will split everything into two tranches. And now it turns out that these two tranches for 1,5 billion will not be there either. There will be a maximum of one. Now it has become clear that this loan will not be given either.
    1. Egoza
      Egoza 1 March 2021 08: 03
      +4
      Quote: Guards turn
      Now it turned out that this loan will not be given either.

      Well ... "Great deeds are not visible from us." And you lend if you see that they are not going to give it back to you, and it is not even possible to collect this debt "in kind". Everything is already sold out!
      1. orionvitt
        orionvitt 1 March 2021 09: 54
        +8
        Quote: Egoza
        And you lend if you see that they are not going to give it to you

        Here the point is completely different. The IMF does not give money in the expectation that it will someday be given, but in order to subjugate the economies of other countries. And then, through corrupt governments and financial blackmail, nothing prevents them from ruining these countries. Exporting natural resources, financial assets, selling off infrastructure, squeezing the latter from the people, plunging them into poverty and so on. The technique is old, only now, it is a scam of all times and peoples on a global scale. You print money, you lend it to corrupt presidents and voila, all the goodies are yours. And the return of debts, so nobody needs it. They print for themselves as much money as they need, but for debts, they take orders of magnitude more, only with real resources.
      2. tihonmarine
        tihonmarine 1 March 2021 10: 13
        +1
        Quote: Egoza
        And you lend if you see that they are not going to give it to you

        In the IMF it is not stupid people who sit, real-minded "money-makers", and these are not politicians who are not responsible for words. And they know where who has, and how much money is lying around in his pocket, but they also know who has the "louse on the comb" in his pocket.
  4. Cowbra
    Cowbra 1 March 2021 06: 44
    +14
    By the way, what should Russia learn from. The slave must for a handout - ride long and carefully, then he will remember who did whom a favor. Otherwise, we over there saved Armenia from defeat - and Pashinyan has already forgotten ... But if he had to bow down in the corridor of the embassy for a couple of weeks, while the Turks smashed the independent army of the US allies into dust, I would have remembered
    1. Installer
      Installer 1 March 2021 08: 03
      +6
      Very similar to Russia in the 90s. When on all TV channels went "whether or not we will receive a tranche from the IMF." And then Yeltsin threw up his hands "the money came out but nobody knows where it went."
      So much for the guiding revolution. They fell to the level of the 90s.
      1. sniperino
        sniperino 1 March 2021 09: 05
        +4
        Quote: Installer
        Very similar to Russia in the 90s. When on all TV channels went "whether or not we will receive a tranche from the IMF"
        The population of the colony in their media should pray to the IMF and hope for the tranche as a breath of fresh air. All this is taking shape as a myth about "investments in the development of the country." We remember this "development". These hopes came true only from the oligarchs who plundered these tranches and put debts on the state.
    2. tihonmarine
      tihonmarine 1 March 2021 10: 15
      +3
      Quote: Cowbra
      By the way, what should Russia learn from? The slave must for a handout - ride long and carefully

      Now I clearly understand why everyone in Ukraine is jumping.
  5. nnm
    nnm 1 March 2021 06: 52
    +10
    1. By "logistic" problems, Milovanov meant the lack of actual negotiations due to the pandemic;
    2. According to the latest data from Fitch Ukraine in 2021 will receive even less -700 million. In the best case scenario.
    3.
    It consists in the following: as soon as the growth of Ukraine's GDP exceeds a certain mark (about 2 percent with a little), part of the funds that ensure this growth will be automatically allocated to repay the loan.
    -there is a progressive scale:
    - with an increase of 3-4 %%, deductions will amount to 15%;
    - with an increase of more than 4%, payments will be 40%.
    4. In Ukraine, a different scheme is now being used to fill the budget - the issue of government bonds at space interest rates (sometimes above 20) and, accordingly, redemption. Because 20% in foreign currency is a great way to plunder the country by stuffing your pockets and at the same time screaming about a full budget.
    5. Judging by the fact that Yaresko, the author of this scheme feels great in London, and her follower Markarova was appointed ambassador to the United States, this scheme of banal squeezing out of the budget huge funds and planting the country no longer on loans, but on paying off interest will work great and now.
    6. Well, judging by the announced continuation of the large-scale privatization program, Ukraine will have to sell everything that remains. If only to postpone the appearance of a hole and default for at least a couple of years. And after us - even a deluge.
    Although even here Ukraine has surpassed everyone - they do not sell it, but give it away for free in a concession according to the new fashion.
    1. mssp
      mssp 1 March 2021 08: 05
      0
      Quote: nnm
      - with an increase of 3-4 %%, deductions will amount to 15%;
      - with an increase of more than 4%, payments will be 40%.
      There is absolutely no need to worry about this - there is no growth and is not expected.
      1. nnm
        nnm 1 March 2021 08: 11
        +2
        No, they will definitely draw growth on paper - this is one of the conditions for approving the issue of government bonds. Yes, in reality there will be a fall, but on paper - growth. Thanks to loans, borrowings, postponement of the payment of dividends by state-owned companies, the last assets will be sold for next to nothing, and so on. But the growth will be drawn.
    2. Brturin
      Brturin 1 March 2021 11: 36
      +2
      One more item can be added to your list - the IMF has "good" conditions
      “The Fund has reserved the amount it requested for lending to the country. And the fact that she did not fulfill the conditions and did not choose the requested funds is already her problem. Therefore, I have to pay commissions ”... the report of the National Bank of Ukraine came to the disposal of journalists, from which it follows that from 2014 to 2020 Ukraine paid interest and commissions to the IMF for a total of $ 1,7 billion. Https://regnum.ru/news /polit/3196863.html
    3. ANB
      ANB 2 March 2021 17: 24
      0
      ... 4. In Ukraine, a different scheme is now being used to fill the budget - the issue of government bonds at space interest rates (sometimes above 20) and, accordingly, redemption. Because 20% in foreign currency is a great way to plunder the country by stuffing your pockets and at the same time screaming about a full budget.

      Oh, that reminds me of something. 1997, GKO ..... It?
      Do Ukrainians have a bad memory? Have you decided to repeat our rake on a large scale?
  6. Andrei Nikolaevich
    Andrei Nikolaevich 1 March 2021 07: 21
    +2
    For normal "lending" it is necessary to reduce the population in Ukraine, to remove the entire black earth layer of the earth, the entire forest. The remaining residents are to be assigned to household work. Otherwise, it makes no economic sense to lend to the reservation. Well done, Europeans. Business and nothing personal, and no "brotherly peoples".
  7. Thrifty
    Thrifty 1 March 2021 07: 21
    +2
    Money is awaiting in vukrii, they have already been divided into pockets, and the vile IMF does not give it to the "new legal owners" crying laughing
  8. Alien From
    Alien From 1 March 2021 07: 42
    -2
    IMF said: no money, but you hold on)
  9. rocket757
    rocket757 1 March 2021 07: 47
    +1
    Zelensky's office tried to explain why the IMF does not transfer another loan tranche to Ukraine

    This BZ Well is not easy! And this is unlikely to be related to what the clown said .... the owner's task was not fulfilled, that's all.
  10. The comment was deleted.
  11. mojohed2012
    mojohed2012 1 March 2021 07: 54
    +2
    Because Ze's time to retire. They do not want to give anything to such a frame. I wonder if Ze will retire and? Will you be a satirist again? Or Kolomoisky's secretary?
    It is hard to believe that Ze after such a presidency, having dropped the trust of citizens below the plinth, will generally gather at least some spectators at concerts. And who will he laugh at them? Poroshenko again as president?
    1. Egoza
      Egoza 1 March 2021 08: 05
      0
      Quote: mojohed2012
      They do not want to give anything to such a frame.

      And what? Do we have a shot to which we can give something?
      1. mojohed2012
        mojohed2012 1 March 2021 08: 32
        +1
        And the IMF hasn't given us anything for a long time! Somehow the budget itself managed, patching up the holes, the state borrowed in the external and internal markets. But Ze will not be given anything already.
  12. askort154
    askort154 1 March 2021 07: 55
    +2
    The allocation of funds in Kiev is expected for several months, but the IMF does not allocate money - once, they do not report when they are ready to allocate - two.

    Russia went through all this in the 90s. The annual budget was approved after a handout from the IMF. Russia barely got out of this swamp. Ukraine is not destined.
  13. rotmistr60
    rotmistr60 1 March 2021 08: 33
    0
    failure to comply with the "directives" to bring energy prices to the "European level"
    I remember the Ukrainian president reported to the American that he even exceeded the plan in terms of this indicator.
    "You can't just take and change the timing of decisions and reforms being made"
    But they promised. Or they thought that in this matter (allocation of money), as always, they would take their word for it and carry it over. Perhaps it will, but only in the form of diarrhea.
  14. Dmitry Potapov
    Dmitry Potapov 1 March 2021 08: 40
    +1
    Lord, but we once also lived from tranche to tranche, and Borya humiliated himself by humiliating Russia.
  15. evgen1221
    evgen1221 1 March 2021 09: 11
    0
    In the 90s, I remember we also stuck to TV in the hope of hearing that the IMF gave money, because then the salaries began to pay with money and not with the products and checks of the enterprise.
  16. iouris
    iouris 1 March 2021 12: 24
    0
    This does not concern us. The only important news is the news of the overthrow of this regime.
  17. Sergey985
    Sergey985 1 March 2021 14: 10
    0
    I look at them, I remember the 90s. The reign of the struggle. They also prayed for these tranches. It's good that only memories remain. Everything is still ahead of the "non-brothers", everything is ahead.
    1. Lena Petrova
      Lena Petrova 1 March 2021 16: 05
      +1
      Only now is the Russian Federation itself a creditor to the IMF with a 2,7% share. So, in fact, in Ukraine's payments on IMF loans, there is also a part of the RF income.
  18. Pardus
    Pardus 10 March 2021 13: 31
    +7
    why the IMF does not transfer the next loan tranche to Ukraine

    The answer is simple: The owner wants to take, not give ...
  19. Pardus
    Pardus 10 March 2021 13: 32
    +9
    There were logistical problems in the president's office.

    Lost in the corridors of power? laughing