Yana Moiseyenkova

Official Kyiv is feverishly preparing to receive an IMF mission scheduled to arrive July 23. Sources in the Presidential Administration maintain that this inspection tour could be the final one, meaning that the IMF officials could finally advise the IMF Board to adopt the EFF program for Ukraine...

By Yana Moiseyenkova, The Day The State Property Fund and Ukrainian privatization as a whole could have a real leader for the first time this year. Experts believe that this will be a tangible factor to win a more serious attitude from potential investors to the Ukrainian...

The IMF is ready to debate EFF financing, if state budget revenues rise and the expenditures are reduced so that the deficit does not exceed 2.5% of the GDP.Noting that this figure may slightly increase in case salary arrears are paid, the IMF mission supported President Kuchma’s decision to...

The poll showed that unreasonably high taxesare the main obstacle to development.95% of businessmen polled complained about this. 82% noted the large number of different feesand taxes; 70% are not satisfied with frequent changes in tax reports. Small business in Ukraine is still developing too...

Monday before last at a Cabinet session Leonid Kuchma, the main unmasker of “incorrect” National Bank behavior, showed another example of how “systematic” he is and suddenly tempered justice with mercy, pointing out that the National Bank had acted professionally. NBU Governor Viktor Yushchenko’s...

What does a country need to do if it really wants to make its way to market relations without triggering large-scale social conflicts? A different mentality? Fewer pensioners, individuals receiving benefits, and public-sector employees whose wages depend on budget revenues? More aggressive tax...

(Continued from Title page) The Day: Mr. Bondar, clouds seem to be gathering around you. What do you personally think is the reason and can this have any unpleasant consequences? O.B.: They have been after me before and they will keep trying. I know every single one of them. Just as I know...

February is likely to be a turning point in the privatization process. A knowledgeable source told The Day that the Cabinet is slated to hold a brief closed-door session in the next few days to raise the question of dismissing Oleksandr Bondar, chairman of the State Property Fund. According to the...

No doubt, we were pleased and surprised to hear from our head of state, who announced implementation of market reform only yesterday (in 1994), that today (in 1998) we finally have “grounds to claim that for the most part, a market structure is in place.” Moreover, “significant progress has been...

Last year the Chase Manhattan Luxembourg S.A. Bank granted Ukraine a fiduciary loan totaling $98.89 million at 9.2% annual interest. October 20 is the pay back deadline. As we know, the government does not have enough money to cover its foreign debt. Representatives of the Ministry of Finance in...