Azarov: Ukraine may do without IMF loan

In 2013, Ukraine will be able to do without the IMF loan, Prime Minister Mykola Azarov said in interview with Ukrainian TV channels.
"Ukraine has been doing without the IMF's loans for two years and, of course, it will do without them the next year," Azarov said.

At the same time, he stressed that the government is eager to cooperate with the IMF and to seek acceptable compromises.

However, Azarov said that Ukraine would like to receive the IMF loans. "To use them to solve the problems of our development, although mainly the IMF directs its resources to maintain currency stability," Azarov specified.

 

However, the Prime Minister stressed that those anti-crisis measures, offered by the IMF to several countries, including those in Europe, have turned out to be ineffective and led to the stagnation of these economies.

"I am not losing hope that we will reach agreements. The IMF is not the only structure that has assets, there are enough of them in the world, and we are working actively to draw them to Ukraine's economy on conditions that are beneficial for us," the Ukrainian premier said.