On February 5, United States Secretary of State John Kerry during the visit to Ukraine has met with the Ukrainian Prime Minister Arseniy Yatseniuk.
There were discussed such topics as the financial assistance from the IMF and providing reforms in Ukraine.
During a briefing after the meeting John Kerry stated that the only way to deal with the economic crisis is to keep helding reforms:
“Today, I was very pleased to hear in all of my meetings that the government remains very committed to the path of reform. And the reform process, though difficult, is part of the economic future of Ukraine. That is, in fact, Ukraine’s best weapon in the end, in terms of this fight for sovereignty and independence and democracy,” said United States Secretary of State.
“We announced just the other day, a loan guarantee of $1 billion in order to support Ukraine’s economic reform program and assist the government to meet its near-term spending needs. And we have told the government and we’ve announced publicly that we are prepared to pursue another $1 billion loan guarantee this year as we see the reforms stay on track.”
Ukraine will get the new IMF program if the Ukrainian government will fulfill all necessary conditions and standards.
“I’m confident, however, that the government is going to do everything in its power to meet those standards, to make sure that they qualify, and then to deliver. So I would hope, and we are anticipating, that there will be an IMF loan,” Kerry said.