The Cabinet of Ministers of Ukraine has fulfilled almost all of the conditions of an agreement with the International Monetary Fund (IMF), apart from a rise in gas tariffs, since a sharp increase in tariffs would be tantamount to political suicide.

National Bank of Ukraine (NBU) Governor Serhiy Arbuzov announced this in an interview with the Mirror Weekly, UKRINFORM reported.

"Unfortunately, this question is too politicized. Taking into account the fact that almost every politician is trying to speculate on these things, making a show out of this and such a socially significant event with a sharply negative tone, the government found itself in a situation where the required sharp rise [in gas tariffs] is tantamount to political suicide. On the other hand, the IMF still does not want to hear about the revision of the terms," he said.

At the same time, Arbuzov described the results of the Ukrainian delegation's recent visit to Washington as "positive."

"The main positive thing, in my opinion, is that we are continuing to cooperate with the IMF and look forward to the arrival of its mission. And as a result of a delay in the visit, the government received more time to complete a number of programs," he said.

As a part of implementing a program of cooperation with the IMF, Ukraine in 2011 promised to reduce the budget deficit by increasing gas tariffs for households and raising the retirement age.

Earlier, it was planned that an IMF mission would visit Kyiv August 29 through September 9, but it had been later postponed until the end of October 2011.

Prime Minister Mykola Azarov, while commenting on the postponement of the visit by the IMF mission to Kyiv, said that Ukraine was not experiencing an acute need to attract IMF funds.

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