The IMF called the main conditions for the allocation of tranche of Ukraine

The adoption of the law on Higher anti-corruption court is a significant step in the fight against corruption. However, it is now important to promptly establish a new judicial body and to restore the rule of his authority. Also remain open issues with gas prices and the budget deficit.

МВФ назвал главные условия для выделения транша Украине

This was stated by the managing Director of the International monetary Fund (IMF) Christine Lagarde held up before the conversation with President of Ukraine Petro Poroshenko.

“I am very encouraged by the adoption by the Parliament of Ukraine of the law on anti-corruption the Supreme court of Ukraine, which is a very important step in the fight against corruption. The new law opens the way for the establishment of strong and independent anti-corruption court, which will join existing institutions (National anti-corruption Bureau and the Specialized anticorruption Prosecutor’s office) to ensure accountability and justice required by the people of Ukraine on public officials,” said Lagarde.

At the same time, she added that an agreement was reached on the urgent adoption by Parliament of a supplementary law, which will allow you to directly shape the court before the end of the year.

“Equally important is recovery supported in the first reading of rules relative to consideration of the Higher anti-corruption court in all cases within their jurisdiction, including all new appeals against relevant decisions of the courts of first instance”, — said the head of the IMF.

In addition, according to Lagarde, agreed with the President on the continuation of close cooperation, including with the government, for timely implementation of these and other conditions, primarily concerning gas prices and limit the budget deficit.

“It’s critical to complete the current review of the IMF-supported program,” Lagarde stressed

As you know, the international monetary Fund has previously put forward four requirements for Ukraine to receive the next tranche. So, Kiev should create anti-corruption court to address the issue of gas prices. Also requirements were already adopted pension reform and the privatization act.

In March this year, the head of representation of IMF in Ukraine Jost Longman in the interview HB said that Ukraine can count on the fourth revision of the lending program by may of 2018, if the Ukrainian government will be able to demonstrate progress in the implementation of necessary reforms in the next month or two.

Later, however, the national Bank has provided for the allocation of the next tranche of IMF ($1.9 billion) only in the second half of 2018.

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