"We knew what we were going to negotiate, and we knew the position of the IMF on major destinations. We discussed all the components, starting from a fairly successful macroeconomic performance in 2011 and ending with problematic issues... However, the position of the IMF on the rise in gas and heat tariffs was rigid enough, and it became a stumbling block that we have not yet overcome," the minister emphasized.
Asked about the possibility of Ukraine's engagement with other financial lending organizations, Khoroshkovsky said: "The only thing I can confirm is that current payments though are difficult, but possible without the IMF loan. This can be done through internal resources, through our ability to borrow on financial markets".
At the same time, the finance minister added: "In Washington we have agreed with the IMF to continue negotiations. After our meeting, Prime Minister Mykola Azarov spoke with IMF Managing Director Christine Lagarde. It gives us hope for the continuation of negotiations. We are now preparing our negotiating position. After agreeing on the time of the visit we again will go to meet them".
As reported, a regular round of talks between the Government of Ukraine and the IMF was held in Washington January 24. The negotiations ended fruitlessly, it was decided to continue them in February.
