Kyiv Security Forum
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Arseniy Yatsenyuk During KSF Discussion: If Ukraine Quits the IMF Program, the Budget Can Be Described in One Word – Default

10 July, 15:44

If the government does not appoint an independent head of the NBU and quits the program of the International Monetary Fund, the entire budget will be called in one word – default, Arseniy Yatsenyuk, Chairman of the Kyiv Security Forum, Prime Minister of Ukraine in 2014-16 stated during the KSF discussion on July 10.

He called the end of the fiscal year and the draft budget for 2021 one of the main challenges: "It will be a big discussion. How can they turn the current year's budget, because it is not fulfilled, and close the deficit of 300 billion hryvnias?"

Participants of the discussion:

- Olena Kondratiuk, Member of the Parliament of Ukraine, Vice-Speaker of the Parliament of Ukraine, Co-chair of the "Equal Opportunities" Caucus, Member of the Parliament of Ukraine in VI-IX convocations;

- Volodymyr Lavrenchuk, Chairman of the Board, Raiffeisen Bank Aval (2005-2019);

- Yurii Makarov, Editor in Chief at National Public Broadcasting Company of Ukraine, Head of the Committee of Taras Shevchenko National Prize;

- Tomas Fiala, President of the European Business Association, Chief Executive and founder of Dragon Capital;

- Arseniy Yatsenyuk, Chairman of the Kyiv Security Forum and the Prime Minister of Ukraine in 2014-2016;

- Danylo Lubkivsky, Deputy Foreign Minister of Ukraine in 2014, member of the Board of Open Ukraine Foundation.