12:50 20.01.2018

Ukraine will not repay its debt obligations without cooperation with IMF - Miklos

Ukraine will not repay its debt obligations without cooperation with IMF - Miklos

Ukraine is obliged to continue carrying out reforms in 2018 despite the upcoming elections, including because of its obligation to the International Monetary Fund (IMF), without cooperation with which the country will not be able to fulfil its debt obligations, Head of the Group of Strategic Advisors for Support of Reforms in Ukraine Ivan Miklos has said.

"It's normal in democratic countries when politicians do not want to carry out reforms before the elections, because people are afraid of reforms. However, reforms must be continued in 2018, because Ukraine is in a situation where there will be no progress without reforms, and people need progress. [Without reforms] Ukraine will not be able to finance its obligations without a program of the [International] Monetary Fund, and therefore it is necessary that these obligations be fulfilled," Miklos said live on Channel 5 late on Friday, January 19.

He noted that one of the most important obligations of Ukraine to the IMF was anti-corruption reform, in particular, the adoption of the bill on the Ant-Corruption Court,

"It will be necessary that these prerequisites of the monetary fund be met in spring, that is before the end of May, so as not to create problems in this financing. Therefore, there is still time... However, it is not only necessary to have an anti-corruption court. It is necessary to have a court that will work," Miklos said.

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