Popular posts from this blog
In Ukraine, the main problem is a puppet government of the IMF
The # IMF report is written that cause of the large size the unofficial economy, have poor labor laws. In particular, they consider that the unofficial economy in Ukraine because there is a collective agreement between the labor collective and the owner of the business that it is very large severance payments if an employee leaves and a long time to fire an employee. Experts from the IMF did not know that the unofficial economy exists for a whole different reason, and in # Ukraine there are no problems to fire an employee. In Ukraine, the main problem is a puppet government of the IMF
IMF head of the NBU is dissatisfied and demands reforms
The IMF conducted an analysis of implementation by Ukraine Extended Fund Facility ( EFF) which operates with February 2015. The analysis results EFF were disappointing. Most Performance criteria not been fulfilled. According to Performance criteria EFF NBU was obliged to provide increase in net international reserves to a level of 2 bn. USD at the end of 2015. But instead of growing net iternational reserves fell by 487 million dollars by the end of 2015. The IMF demanded that the cumulative change in net domestic assets of the NBU was 57 bn. UAH at the end of 2015. At the end of 2015, net domastic assets of the NBU decreased by 43 bn. UAH rather than increased, as recommended by the IMF. NBU has not fulfilled the requirement of the IMF on the growth of the monetary base in 2015. According to the recommendation of the IMF's monetary base in Ukraine it had growths on 90 billion. UAH, but in fact it has grown only 2.6 bln. UAH. Not surprisingly, the IMF recommen
Comments
Post a Comment