imf deputy impressed by ukraines move toward reform
Last Updated : GMT 02:25:07
Arab Today, arab today
Arab Today, arab today

IMF deputy 'impressed' by Ukraine's move toward reform

Arab Today, arab today

Arab Today, arab today IMF deputy 'impressed' by Ukraine's move toward reform

David Lipton
Washington - AFP

The International Monetary Fund's number two said Saturday he was "impressed" by Kiev's plans for economic reform, following a visit to the country.
The IMF, which this year granted Kiev $17 billion in financial aid over two years, as part of a $27 billion global rescue package set up by Western countries, warned last month that Ukraine would need as much as an extra $19 billion by the end of next year.
IMF First Deputy Managing Director David Lipton traveled to Kiev on Friday to meet with President Petro Poroshenko, Prime Minister Arseniy Yatsenyuk and members of their economic team.
"I was impressed by their vision for an economic transformation of Ukraine, and by their commitment to decisive, front-loaded implementation of their reform agenda," he said in a statement.
He said an IMF was expected to wrap up technical discussions by the end of next week, while a mission to conduct policy discussions as part of the Fund-supported program is set to return to Kiev early next year.
Lawmakers voted to approve the government's general program Thursday that includes a number of severe austerity cuts imposed by international lenders.
The lenders want deep cuts to welfare services and a hike in energy prices to help balance the books.
The architects of the aid package had hoped to use it as an incentive for Ukraine to wean itself off Communist-era subsidies long abandoned by its smaller but now far-better-off neighbors in eastern Europe.
The Fund also wanted to see loss-making state firms privatized and graft that has permeated both ministries and local governments comprehensively punished instead of being swept under the rug.
But few of those steps have yet been taken.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf deputy impressed by ukraines move toward reform imf deputy impressed by ukraines move toward reform

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

imf deputy impressed by ukraines move toward reform imf deputy impressed by ukraines move toward reform

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Air China suspends flights to North Korea

GMT 10:39 2017 Thursday ,23 November

Air China suspends flights to North Korea
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today Srebrenica women cry tears of joy

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 10:43 2017 Wednesday ,22 November

Cigar-shaped asteroid came

GMT 09:45 2017 Tuesday ,21 November

Visit Jamaica for more than just sun

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday