Ukrainian Rada did not pass the bill required by the International Monetary Fund, and the International Monetary Fund refused to pay Ukraine.
Because Ukrainian Rada representatives did not pass the bill required by the International Monetary Fund, Ukraine may lose payments from the International Monetary Fund. The International Monetary Fund has postponed the meeting scheduled for January, which was to review Ukraine's funding issues.
Daniel Getmancev, chairman of the Finance Committee of the People's Deputy Party of the Ukrainian Rada, announced this news to the country's journalists. The Rada deputies did not approve several bills, which were one of the conditions proposed by the International Monetary Fund. Getmancev said that Ukrainian legislators are "playing with fire." "If the bills are not passed, Ukraine will have no money."
Getmancev criticized the Rada deputies for delaying the resolution of important issues for the country. He believes that because of this, the threat of budget delays in paying pensioners or the military is increasing. If the International Monetary Fund does not provide funds, they will have nothing to pay. Delays are expected as early as the first quarter of this year. It is worth noting that the bills not passed last week were not only part of the requirements of the International Monetary Fund but also conditions for payments by the European Union under Ukraine's loan program.
Not long ago, Ukraine failed to pay interest on time to the International Monetary Fund, amounting to 172 million US dollars. IMF Managing Director Kristalina Georgieva visited Kyiv, Ukraine. In addition, she reminded the Kyiv authorities that they could continue to receive payments from the International Monetary Fund only if certain reforms were carried out.
Original: toutiao.com/article/1854819283107850/
Statement: This article represents the personal views of the author.