Monday, January 11, 2016

Jaresko: IMF agrees Ukraine’s Budget-2016

According to Ukraine’s Finance Minister Natalie Jaresko, the International Monetary Fund has completed at the moment its assessment of the Ukrainian budget and the corresponding package of legislation, the adoption of which preceeded the voting for Ukraine’s main financial document.

The International Monetary Fund has agreed that the budget adopted on December 25 meets the objectives of Ukraine's cooperation program with the Fund, that’s according to Natalie Jaresko’s comments to Europeiska Pravda online newspaper.

"During the consideration [of the draft budget] in the Verkhovna Rada, the deputies, first of all, introduced a number of changes that had not been agreed upon with the IMF, and secondly, they refused to support the new Tax Code, which was endorsed by the President at the National Council of Reform and that formed the basis of the draft state budget, which the Ministry of Finance had agreed with the IMF," said the minister.


According to her, the IMF has completed at the moment its assessment of the budget and the corresponding package of legislation adopted ahead of the voting for the budget.

"The IMF agreed that the adopted budget is generally in line with the objectives of the program,” said Jaresko.

As reported, on December 25, the Verkhovna Rada adopted the Law "On the State Budget for 2016."


No comments:

Post a Comment