Arseniy Yatsenyuk positively evaluates cooperation prospects with the IMF
Prime Minister
of Ukraine Arseniy Yatsenyuk positively evaluates the prospects of cooperation
with the International Monetary Fund. He announced to journalists in the framework
of the Tenth Annual Investment Conference on Wednesday, April 2, 2014.
Arseniy
Yatsenyuk informed the following week the Parliament would consider a number of
draft bills to ensure implementation of previous conditions, “to make our international
inventors resume the program with Ukraine”.
“I believe
we will pass the decisions in the Parliament and I think by the end of the
current month the IMF has to consider the program with Ukraine. My estimates
are very positive,” the Head of Government emphasized.
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Moreover, he stresses he will insist on another considering
by the Verkhovna Rada of the Government’s position concerning taxation of big
business: “I want to reconsider certain taxation rates, as several of the
rates are artificially high, at this, certain, on the contrary, haven’t been
enacted as there is lobbyism in the Parliament that trenches on corruption”. “I hope the Parliament will support us,” Arseniy Yatsenyuk
added. Answering a question of a journalist, Arseniy
Yatsenyuk informed in the negotiation with the international financial
organizations the Government had to envisage a possibility to reimburse the value
added tax through VAT securities emission: “And we have accounted for that”. “Regarding the tool proper, I strongly argued
against treasury bonds which weren’t transparent, but I advocated exceptionally
the domestic state bonds, which must be given on transparent conditions under
the interest guaranteed by the state. And it can be the subject to mortgage both
on obtaining credit funds in the commercial bank and refinancing in the central
bank”. “As to the conditions, I consider, they will be
standard and repeat the conditions of the previous two editions that were
followed in 2008 and 2004,” Arseniy Yatsenyuk added. The Head of Government stressed “real wide reforms”
were to be carried out in Ukraine. According to him, the Cabinet of Ministers
divided this process into two parts: “The first is not to afford the country
to fall. Now the Government is working day after day on resuming the program
of crediting, balancing the budget, paying wages, pensions, returning VAT,
cooperating with business”. Arseniy Yatsenyuk underlines the second part
concerns a broad plan of economic reforms: “It is the upgrading of justice,
prosecution, tax administration, customs, the new tax code, new system of administering
taxes, a new state procurement law. These are
strategic tasks and we have embarked on these tasks”. The Head of Government accentuates, Ukraine is
facing difficult economic tests: “But the country has investors, has people
ready to invest, work and create new workplaces. And the Government not just meets
the needs of the investors but bears the responsibility to them in order to
ensure operation of the enterprises and creation of workplaces”. |