Ukraine is preparing a new program of financial support from the EU for 1 billion euros

Submitted by bashun on Fri, 03/02/2018 - 17:18

Ukraine is preparing a new program of financial support from the EU for 1 billion euros.

This was stated by the Minister of Finance of Ukraine, Oleksandr Danyliuk during the 14th annual conference, organized by Dragon Capital., reports AgroPolit.com.

Ukraine already has a program of financial cooperation with the EU in the amount of 1.8 billion euros, for which two tranches have already been allocated.

"We yesterday confirmed the initiation with the Europeans about the new macro-financial assistance of the European Union to Ukraine. This is the beginning of a new process. In its framework, we will consolidate the conditions. We talk about two tranches beforehand and work on the conditions. Now at this stage, the total amount of the program is 1 billion euros, " explains Oleksandr Danyliuk.

According to Oleksandr Danyliuk, this new program coincides with the terms of the program with the IMF for a year (April 2018 - April 2019). The Europeans named several conditions for granting the tranche.

"Standard - being in the program of the IMF. That is, while we are in the IMF program, this is the condition for granting the tranche. There are others. For example, the key is the automatic verification of tax returns, because now more than a million people file declarations and they need to be analyzed. It is necessary to think how to automatically do it. The corruption agency is working on this, " adds the minister.
 

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