According to Siluanov, such opportunity was discussed during the bilateral meetings with German Finance Minister Wolfgang Schaeuble and the US Treasury Secretary Jacob Lew and is now being developed at an expert level.
"We just paid attention to this at a meeting with Finance Minister Schäuble and Jacob Lew. Until the last moment Russia was very seriously helping Ukraine, provding 35.4 billion dollars over four years. Now we offer our western partners also to participate in supporting Ukraine in order for it to perform its obligations, including payments for gas", Siluanov told reporters after the meeting.
"This assistance from the IMF, the assistance of the Western governments. The amount of the first tranche was considered of $ 6 billion: $ 3 billion from the fund and $ 3 billion from the western countries. Such solution was not made but it is being considered at the level of experts," said the Minister.
[voiceofrussia.com]
11/4/14
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Related:
Putin Says Further Violations by Ukraine Will Compel Russia to Cut Off Gas. -Russia cannot and should not unilaterally bear the burden of supporting Ukraine’s economy
Leere Staatskasse: Ukrainer spenden Millionen von Dollar für ihre Armee. -Gold- und Devisenreserven würden kaum für zwei Monate ausreichen.
Support Group for Ukraine. - The work of the Support Group could be extended also to Georgia and Moldova
Economic сrisis in Ukraine due to adventurism of politicians. - Russian Foreign Ministry
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US loan guarantees to help Ukraine are worthless - Putin...
ReplyDeleteWashington's offer to provide $1 billion in loan guarantees to help Ukraine is worthless as there are no banks willing to finance the recovery of crisis-hit country, President Vladimir Putin said Friday. Putin called Washington's negative response to his letter addressed to European leaders, which contains proposals on how to solve the Ukrainian crisis, "a bit strange" as the United States was able so far only to offer guarantees rather than actual loans.
"What are these guarantees to the banks that would be ready to issue loans, but there are no such banks, which means there is no aid," Putin said at a meeting with members of Russia's Security Council. "We are seriously concerned about this," he added.
Read more: http://voiceofrussia.com/news/2014_04_11/US-loan-guarantees-to-help-Ukraine-are-worthless-Putin-1085/
11/4/14
The International Monetary Fund (IMF) recommended to grant Ukraine a $17 billion loan to help the government on account of the projected reduction of GDP this year by 5%, Bloomberg reported.....
ReplyDeleteIMF analysts gave to the executive board of the fund report on the loan program for Ukraine April 22. The authors of the report propose to consider providing assistance to the council meeting on April 30.
According to the results of consultations with the Government of Ukraine, IMF staff concluded that the country needs financing at the higher end of the $14 billion to $18 billion range initially announced.
IMF representative, Conny Lotze declined to comment.
IMF Managing Director Christine Lagarde has previously stated that the Board of Directors of the Fund will consider financial assistance to Ukraine at the end of April - May.
http://en.itar-tass.com/economy/729362
24/4/14