Balcerowicz: If IMF recognizes draft state budget 2017 unrealistic, Ukraine won’t receive funding

Balcerowicz: If IMF recognizes draft state budget 2017 unrealistic, Ukraine won’t receive funding

Ukrinform
If the International Monetary Fund will recognize that the draft state budget of Ukraine for 2017 is unrealistic, Ukraine may not get funding from the IMF.

Co-chairman of the Strategic Advisory Group for Reform Support, Advisor to the President of Ukraine, well-known economist and politician Leszek Balcerowicz said this in an interview with Ukrayinska Pravda online newspaper.

"The current plans to reach the deficit level of 3% of GDP are quite realistic. It is important not to destroy this financial realism at later stages of work. I know for sure that we cannot increase spending. The draft budget will be agreed with the IMF, and if the budget is recognized unrealistic, Ukraine may not receive assistance from the Fund," he said.

ol

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2024 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-