World, Ukrainian Politics, Economics

 Presidential administration expects IMF loan in late January: EU and U.S. made political decision on support of Ukraine, its timing and size being determined

The presidential administration expects the IMF decision on the allocation of macro-financial assistance to Ukraine until the third decade of January 2015. The EU, the U.S., and the IMF have made a political decision to help Ukraine and now determine the timing and size of assistance.

"We expect the IMF experts to work actively in Ukraine without even waiting for the Christmas holidays on Jan. 6-7, and will arrive even earlier. And we expect that all decisions on macro-financial assistance, on its package and size will be made before the end of January, and it would be perfect," presidential administration deputy head Valerii Chalyi said at a press conference in Kyiv on Wednesday, Censor.NET reports citing Interfax-Ukraine.

According to him, the EU, the U.S., and the IMF have made a political decision to provide assistance to Ukraine and currently its timescales and size are being determined. "We are constantly carrying negotiations, the president and the government are solving the issue concerning the EU assistance - it is the third package, as well as the IMF tranche and support from the United States," the deputy head of the presidential administration said.

Read also: Australia to Allocate $100 Million of Aid to Ukraine - Chalyi

In addition, the official mentioned some countries, in particular Canada, Australia, Japan, as well as the World Bank, which will join the process of providing assistance to Ukraine. "And the whole package should be sufficient not only to stabilize the situation, but also to offer opportunity of reforming," Mr. Chalyi said.

Mr. Chalyi said answering the question about the future donor conference: "This conference is mostly focused on donor support but I do not exclude that there may indeed be an investment component."

He said that we are talking about this event to be held in the first quarter of 2015. It will consist of two parts: "The first part concerns the reforms and investments which as a whole should boost the development. The second part will be about donor support for the Donbas infrastructure restoration," he said.

Read also: IMF Impressed by Ukrainian Determination to Implement Economic Reform Agenda

According to Mr. Chalyi, the government should carry out the relevant preparatory work to speed up the arranging of this conference.

Источник: https://en.censor.net.ua/n317796