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  • Volodymyr Groysman: The key objective of negotiations with financial partners is to get rid of financial shackles
    Information and Communication Department of the Secretariat of the CMU, posted 31 August 2018 13:32

    The main objective of all negotiations being conducted  by the Government with international financial institutions, including the International Monetary Fund, is to reduce the debt burden on the state budget and get rid of financial chains costing Ukraine at least $ 5 bln per year. This was stated by Prime Minister of Ukraine Volodymyr Groysman.

    He emphasized that a gas price for citizens is one of the negotiating points.

    "You know that our partners demand to equalize the price of gas for households and industry. This is a sensitive issue for Ukrainians and for me. The discussion is difficult and this has been going on since last summer. Over a year we kept the situation  under control. Now we will discuss issues with the IMF mission and find a compromise to protect citizens", the Prime Minister noted.

    The Head of the Government stressed that finding such a compromise will allow to continue cooperation with a whole financial world, and therefore, to solve the issue of debt burden. Ukraine will have new opportunities for re-borrowing, reducing the debt pressure within the framework of the implementation of the Government Medium-term Strategy for the State Debt Management. "And my strategic goal is to lay the foundations for repayment of debt over the next decade. Here's the task - to get rid of financial shackles. We can do it because economy begins to recover", the Prime Minister added.

    Volodymyr Groysman: The key objective of negotiations with financial partners is to get rid of financial shackles