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“The mission is now awaiting endorsement of the agreed policy package, including assurances that the wage and pension law approved by Ukraine’s parliament, which is at odds with the objectives of the authorities’ program, will be vetoed,” the IMF said in an e-mailed statement today.
“The mission found that the economic and financial situation in Ukraine is stabilizing as a result of policies under this program,” the IMF said today. “Preserving these gains will require policy discipline and corrective actions in some areas.”
An excerpt from a Bloomberg article on the next IMF loan installment, with the international organization firmly against the wage and pension bill. The bill has been supported by the Party of Regions, who have blocked other business in the Rada. The IMF position may be providing political cover for Tymsohenko, but the bill itself is a transparent attempt by Regions to curry favor with voters.
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