Saturday, October 18, 2008

Is IMF trying to influence politics in Ukraine?

The International Monetary Fund is not simply an international financial institution anymore. It is a centre of political decision-making. At least, in Ukraine. At a news conference on Thursday, prime minister Yulia Tymoshenko said that the IMF is ready to lend the country $3 billion to $14 billion to see it through the crisis, but only if the president postponed the elections. “It is very difficult for them to hold negotiations with Ukraine, when they hear all these proposals for early parliamentary elections,” she said. I wonder is the IMF is really trying to influence politics in Ukraine?

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