International Monetary Fund (IMF ) is ready to lend Ukraine $ 17 billion , the first tranche of financial aid can be approved is April 30 , according to sources close to the negotiations . After that, the government will be able to get about $ 3 billion from the U.S. and the European Union.
The Government of Ukraine will receive from the IMF loan of $ 17 billion , Bloomberg reported , citing sources close to the negotiations . Recall , at the end of the IMF mission in the country was made a preliminary statement on the possibility of allocating $ 14-18 billion, but the final amount of the loan to formally adopt the Board of Governors of the IMF. It is expected that approval for the allocation of the first tranche of Ukraine will have a meeting of the IMF on April 30 , then provide finpomosch can the U.S. and EU , its total amount could reach $ 27 billion , including in the coming months - $ 6 billion ( $ 3 billion from the IMF and other creditors) .
In the IMF expects Ukraine's economy this year could lose up to 5 % growth , which is 2 % lower than the estimates of the Ukrainian government . Aggravate the recession in the economy and can make tough reforms, including the complete elimination of energy subsidies and reducing sotsraskhodov , which are the main conditions for obtaining bailout . The Cabinet of Ministers of Ukraine and the Verkhovna Rada has approved the increase of gas tariffs in May by 50%, freeze for a year value of social benefits and cost of living, an increase in income tax rates for the wealthiest citizens groups and the introduction of a maximum wage ceiling managers in the civil service . In sum, these measures, along with a sharp weakening of hryvnia ( its rate was liberalized in February ) will lead to a reduction in GDP growth and inflation to 15% previously estimated by the World Bank (WB) . However, delaying the reform process will only worsen the situation in the economy and create obstacles to growth in the coming years , confident in the WB.
The Government of Ukraine will receive from the IMF loan of $ 17 billion , Bloomberg reported , citing sources close to the negotiations . Recall , at the end of the IMF mission in the country was made a preliminary statement on the possibility of allocating $ 14-18 billion, but the final amount of the loan to formally adopt the Board of Governors of the IMF. It is expected that approval for the allocation of the first tranche of Ukraine will have a meeting of the IMF on April 30 , then provide finpomosch can the U.S. and EU , its total amount could reach $ 27 billion , including in the coming months - $ 6 billion ( $ 3 billion from the IMF and other creditors) .
In the IMF expects Ukraine's economy this year could lose up to 5 % growth , which is 2 % lower than the estimates of the Ukrainian government . Aggravate the recession in the economy and can make tough reforms, including the complete elimination of energy subsidies and reducing sotsraskhodov , which are the main conditions for obtaining bailout . The Cabinet of Ministers of Ukraine and the Verkhovna Rada has approved the increase of gas tariffs in May by 50%, freeze for a year value of social benefits and cost of living, an increase in income tax rates for the wealthiest citizens groups and the introduction of a maximum wage ceiling managers in the civil service . In sum, these measures, along with a sharp weakening of hryvnia ( its rate was liberalized in February ) will lead to a reduction in GDP growth and inflation to 15% previously estimated by the World Bank (WB) . However, delaying the reform process will only worsen the situation in the economy and create obstacles to growth in the coming years , confident in the WB.