The IMF will give money that Tymoshenko repaid debts?

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A half of the second tranche of the IMF will go to needs of the budget and can be used on repayment of an external debt of Ukraine.

It was declared by the prime minister - the minister Yulia Timoshenko on a press - conferences with the head of mission of the IMF in Ukraine Dzheyla Pazarbaziolu on Friday.

"A tranche half according to arrangements can go to the country budget", - the prime minister noted.

"This money can be used on calculations for earlier made external loans", - she added.

According to her, receiving such help in the budget "is normal process which supports structural reforms", and such tranche is already provided to Hungary and Turkey.

On a question to Dzheyle Pazarbaziol, whether such help means that affairs with the budget of Ukraine "are absolutely bad", the representative of the IMF noted:

"You are right when you specify that when the IMF gives money, they go on the balance of payments, but also it gives money for structural transformations. We consider that restructuring of the bank sphere is such structural transformation".

Besides, according to the representative of the IMF, the Fund can allocate funds for a covering of an external debt of public sector.

"The IMF comes to the countries in a difficult situation therefore not really often the IMF is the welcome guest. But here, surprisingly, we feel like guests whom waited, and we agreed with the management that we will break tranches in half - 50 on 50, and soon we will return to discussion that will be with a new tranche", - Pazarbaziolu explained.

Two tranches together - 3,8 billion dollars. This tranche will be 1,9 and following will be 1,9.... We should look even at additional progress of the power in restructuring and strengthening of the banking sector, and I think, we will return to Ukraine soon to finalize the following revision of the program", - she assured.

However Pazarbaziolu didn't call the date of receipt of the second tranche of the credit.


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