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.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more