Ukraine and IMF in dissidence due to budget deficit

Ukraine and IMF in dissidence due to budget deficit

Ukrainian government does not share the same opinion with the International Monetary Fund's (IMF) forecast of country's national budget deficit. IMF specialists are worried about the Ukraine's increasing budget deficit. However, Ukraine states that they have no real budget deficit. The dispute grew out from the methods of calculation. According to Ukraine's Finance Minister, the government carries out the macro-economic indicators stipulated by the agreement signed with the IMF. It is also reported that Ukraine's cooperation with the IMF is very important because of the country's finance and economic situation. In addition, the government announced that they will continue to cooperate with IMF, despite certain disputes.