Vice PM Tyhypko: Ukraine can get two USD 1.5bn tranches from IMF.

By bne IntelliNews April 29, 2011
The country can receive two tranches from the International Monetary Fund (IMF), to the tune of USD 1.5bn each, if the government implements the pension reform, believes Vice PM Serhiy Tyhypko. According to him, the pension reform has to be adopted in June, this way the funds can be received by August. Moreover, Tyhypko is sure that Ukrainians will support the implementation of the pension reform. In 2011, the pension funds deficit is expected to reach UAH 17.8bn compared to UAH 34bn in 2010 and UAH 30bn in 2009, he added. Furthermore, he hopes that by 2013 the deficit of the Pension Fund of Ukraine will be zero.

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