18.11.2010 09:49

Ukraine will face very severe conditions


The position of the IMF (International Monetary Fund) about some reforms is extremely tough, according to Deputy Prime Minister for Economic Affairs Serhii Tihipko on Channel 5, commenting on the signing a new version of the memorandum of cooperation between the Cabinet of Ministers and the IMF.

"We will be able to talk about the final adjustment (of the memorandum – editor.) only after November 30, when the Cabinet of Ministers will approve these conditions," - he said.

Serhii Tihipko said that the IMF has very severe conditions "regarding pension reform, and all community problems." "The arguments are simple: if we want to get money, we need the vote of the Board" - said Deputy Prime Minister.

According to him, now "in Europe 7 of 10 countries raise the retirement age." "The mission, which is coming, says: where have you got such optimism that the French would vote for giving you French money, for using them in Ukraine, after they had faced extremely difficult process of raising the retirement age", - Ukrainskaya pravda cites Serhii Tihipko as saying.

"We continue to work, and only after November 30 we will have the final document. Now we have the previous versions. We are working with wishes of IMF. We will not be able to carry out only popular actions", he said.

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