IMF said no, President says yes


"I'm sending to parliament amendments to the budget for 2009 that determine the sources [of financing the rise in social standards this year]. I'm also asking the parliament to return the budget for 2010 for revision," he said.

Yuschenko said that in order to increase social standards in 2009, the government has to find around UAH 1 billion to pay pensions and UAH 300-350 million to pay wages.

President Yushchenko signed the law on social standards into law, even though the IMF was not in favor of the law. And now we wait to see if the IMF actually does something in response to Ukraine's defiance or just gives the next tranche with a stern warning. 

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