Ukraine to continue talks with IMF, premature to talk about outcome, says source

18:27, 04.11.2013 1 min read

Ukraine will continue its negotiations with the International Monetary Fund (IMF) for the restoration of a Stand-By Arrangement and it is premature to talk about their outcome until they are finished, a source in the government has told Interfax-Ukraine.

"The work on a set of measures to reduce economic risks and fiscal imbalance is continuing. The complexity of this work lies in the fact that it is necessary to not only develop effective instruments but also give reason for the proposals in such a way that their realism is considered by the IMF. The negotiations with the IMF will continue," said the source.

"If the negotiations are not finished, it's not proper to talk about their results or adopt specific economic decisions. Ukrainians will learn about the decisions made in the context of cooperation with the IMF as soon as they are agreed and approved. Now any statements on this issue are premature," the source said.