IMF: In order to obtain the fifth tranche, Ukraine must show results in the fight against corruption
The International Monetary Fund listed the conditions for Ukraine to receive the fifth tranche of the IMF loan. According to the fund, Kyiv must approve pension reform, accelerate privatization, and show results in the fight against corruption, UNIAN reports.
"Regarding the fourth revision, we expect that it will be possible after the legislation necessary for the revision is adopted," IMF Director of Communications, Gerry Rice said. "The key issues are pension reform, steps to accelerate privatization, and concrete results in the fight against corruption. These steps are key in order for the IMF to continue the program."
According to him, an important condition for the continuation of the program will be Ukraine’s adherence to the energy and fiscal policy targets set by the IMF program.
Earlier it was reported that according to the preliminary Eurobond prospectus by Ukraine, the next visit of the IMF mission was to be held on September 19, but later the Fund stated that there is no exact date yet, and the mission visit is possible "in the near future.”
The day before, the Deputy Managing Director of the IMF, David Lipton, said that when the country implements further reforms and stabilizes the economy, it will provide a "bright future" for itself and will be supported by the growth of the world economy.