Prior to the resumption of cooperation with the International Monetary Fund, provided that funding will begin in 4-6 months , Ukraine needs find a 3-4, five billion dollars , said Vice Minister of Finance of Ukraine Oleksandr Savchenko .
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"What to do before they come to the International Monetary Fund money? I estimate that we need to find somewhere on the $ 3 billion (at best) 4, 5 (at worst) or its equivalent in UAH, that before this time hold "- Savchenko predicted during a meeting of the Finance Press Club, organized with the support of the "ZN". The official noted that to get the next loan from the International Monetary Fund, Ukraine should agree on the state budget deficit at the level 4% of GDP. At the same time deficit "Naftogaz" can be fixed at 1, 5-2% of GDP subject to raise gas prices in the third quarter, according to Deputy Finance. "I guess the International Monetary Fund will finance Ukraine in the second half with. was not before. At any hand. Before he just did not have time. To do this we need to prove the IMF, that the sharp decline deficit is harming the economy "- the representative of the Ministry of Finance for its said the Government would need to seek a compromise with the International Monetary Fund, because he has put forward tough conditions, in particular, with respect to budget deficits at 3% and shortages "Naftogaz" - around 1%. "I appreciate the real deficit of 5-6, 5%, so we can agree with the International Monetary Fund and agree on a 4% budget deficit. A shortage of "Naftogaz" will have more than 1%, because we did not raise the price in the first quarter. Really able to increase it, perhaps, in the third quarter. Therefore, we must agree of 1, 5-2% deficit "Naftogaz". If the government can take such compromise, I think that the IMF would resume cooperation with us "- said Savchenko. Among other requirements of the IMF to Ukraine, Deputy Minister of Finance described, in particular, repeated monitoring of the banking system capitalization bank recapitalization through the use of the mechanism of T-bills only for the banking sector, but not for state monopolies.
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