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 Ukrainian Politics, Economics
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 IMF to take time out in case of Ukraine’s Cabinet resignation, - Finance Minister Jaresko

In the event of the Ukrainian government resignation, the IMF will take a break in financing the country and resume it only with the readiness of the new team of ministers to fulfill commitments made by their predecessors.

Finance Minister Natalie Jaresko said on air of Freedom of Speech TV program, Censor.NET reports citing Ukrinform.

"They will wait until it is clear what kind of the executive power is appointed, and whether it will take the responsibility fulfilling the conditions under which the Fund has already allocated $6.7 billion and is about to provide the next tranche in the amount of $1.7 billion," she said.

Jaresko also stressed that the country's cooperation with the IMF was critical, as there were no other lenders ready to allocate funds to Ukraine for such a long period and at such a favorable rate.

Read more: "I see no crisis within government. We are ready to work," - Minister Jaresko

According to her, the Ukrainian politicians should overcome the government crisis to prevent the dissolution of parliament. The finance minister also said that Ukraine's budget-2016 envisaged no funds for the holding of early parliamentary elections.

Earlier, Petro Poroshenko Bloc faction leader Yurii Lutsenko said that three factions - Batkivshchyna, Samopomich, and Radical Party - refused to support Prime Minister Yatseniuk. This means that PM does not have enough votes in the Verkhovna Rada for implementation of laws.

Read more: MP Lutsenko deems coalition incapable: "We lack votes for adopting important laws"

 
 
 
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