The IMF called the cause of backwardness of Ukraine

Ukraine lags behind other countries in the region due to structural weaknesses and problems with the reforms. This said IMF Resident Representative in Ukraine Max Alier. "It is extremely important pension reform, sector reforms that the tariffs come down to market levels in order to balance the budget was that Naftogaz was a thriving company," - he said. M. Alier said that the attempt to carry out pension reform has not succeeded, as in Ukraine required additional discussion. The IMF has rejected the view that the Foundation seeks to Kiev very mild conditions, which leads to the delay in reforms. "I do not think that we are not rigidly set terms and conditions: we have to wait until they (Ukraine) will perform these actions ", - said M. Alier. According to him, sometimes, to make progress, we must move step by step. The IMF representative noted as positive fiscal consolidation, the first phase of tariff increases, lower inflation, resumption economic growth, although at a slower pace than they otherwise would be. the IMF in late July 2010 agreed to resume cooperation with Ukraine on a new program, stand by to SDR10 billion (about 15.6 billion dollars). At that time Kiev has received the first tranche of SDR1 25 billion in December 2010 the IMF agreed to provide Ukraine the second tranche in the amount of stand by SDR1 billion (about 1.5 billion dollars). The program involves the allocation of stand by Ukraine on a quarterly basis, eight more tranches, starting in mid-March 2011, If successful continuation of cooperation. Their volume is at SDR1 billion each, except the last size SDR0, 75 billion, however, the IMF mission, who worked in Kiev in February, could not immediately recommend the allocation of the third tranche, stating the need for several more weeks to work on the revision of the program for compensating more smoothly than previously thought, raising gas prices. For the next tranche of the Ukraine also had to be taken before the end of March a law on pension reform, but President Viktor Yanukovych in the middle of the month, said the need to postpone the debate. In addition to the National Electricity Regulatory Commission postponed increase of tariffs for natural gas for the population and heat suppliers, which, by agreement with IMF was going to happen from the beginning of the second quarter. Ministry of Industry