REUTERS
Danyliuk believes the Ukrainian government should continue to fulfill the conditions of the current IMF program, not hiding behind political reasons.
Ukrainian President Volodymyr Zelensky's adviser, former Finance Minister of Ukraine Oleksandr Danyliuk says Ukraine's government will submit a proposal to the International Monetary Fund (IMF) to start a new program of financing the country after the elections to the Verkhovna Rada, Ukraine's parliament, and the formation of a new Cabinet of Ministers.
Read alsoUkraine to continue cooperation with IMF, World Bank, EBRD – Danyliuk
"Most likely, after the election cycle and the formation of a new government, we'll talk about a new program that will meet the priorities and challenges facing Ukraine," he told Radio NV on May 27.
According to Danyliuk, the current program of cooperation with the IMF is temporary and is designed to support financial stability in Ukraine during the electoral process.
At the same time, he believes the Ukrainian government should continue to fulfill the conditions of the current IMF program, not hiding behind political reasons.
"Currently, we have a functioning government that will be working until the formation of a new one. There is a functioning parliament, which can and will pass [draft] laws in line with international obligations," he said.
As reported by UNIAN, Volodymyr Zelensky officially became President of Ukraine on May 20, 2019. During his swearing-in speech, he announced the dissolution of the Verkhovna Rada, Ukraine's parliament, and called on the Ukrainian government to resign.
On the same day, Groysman stated he would resign after the Cabinet of Ministers meeting on May 22. He said he would "form a professional team together with like-minded people" in parliament. At a Cabinet meeting on May 22, Groysman confirmed he was going to resign. On May 23, his letter of resignation was registered in parliament.
The IMF mission has been working in Ukraine for the second week to assess the conditions for granting the next tranche of US$1.3 billion under the current Stand-By Arrangement (SBA). The mission will also work with the Ukrainian authorities to ensure criminal liability for illegal enrichment introduced within the previous program, but canceled by the Constitutional Court of Ukraine in February.
On May 23, the IMF declared its readiness to resume negotiations on further cooperation with Ukraine after the snap parliamentary elections and the formation of a new government.