Today, 15 September, 10:28

Today, The IMF Will Decide Whether Ukraine Deserves The Credit

Today, The IMF Will Decide Whether Ukraine Deserves The Credit

Today in Washington the IMF will decide the destiny of the next loan tranche for Ukraine throught the "stand-by" credit program.

Tranche volume of the International Monetary Fund is USD 1.6 billion now and the total amount of the planned financial investments in the Ukrainian budget is USD 15.15 billion.

Since receiving the first loan tranche of the IMF, this year in August the government increased the gas prices, as well as lifted the moratorium on the application of fines for debts of the housing and public utilities - these demands were put to Ukraine by IMF.

The Cabinet of Ministers also agreed the most important issue - the pension reform. The day before the Verkhovna Rada registered a bill drafted by the Cabinet of Ministers "On measures to ensure the legislative reform of the pension system", which, more specifically, provides the raising of the retiring age.

"This decision concerning the raise of the retiring age is more political than economic. It was made over the requirements of the IMF, but not on the own initiative," - people's deputy Vasyl Khara says .



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