KIEV, Nov. 2 – The signing of a law on the increase of social standards by the Ukrainian president brings to a minimum the likelihood of the allocation of a fourth tranche of the IMF's Stand-By credit this year, according to Andriy Nesteruk, senior analyst Phoenix Capital Investment Company.
He said that IMF's requirements are not groundless in this case.
"The deficit of the national budget, the deficit of the Pension Fund and the deficit of Naftogaz Ukrayiny's budget this will be around 12% of GDP. The proposed budget for 2010 foresees an increase in the indicator.
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