The FINANCIAL — The Yulia Tymoshenko Bloc faction at the Verkhovna Rada intends to ask the International Monetary Fund not to provide Ukraine with another stand by tranche, the leader of the bloc Yulia Tymoshenko told the TVi television company.
"On Monday, [July 5], we will convene special meeting of the oppositional government and will approve open letter to the International Monetary Fund requesting not to provide [President Viktor] Yanukovych with those funds. We will do so as they [the power] intend to use those funds as compensation of USD 5.4 billion to RosUkrEnergo," Tymoshenko said.
She also said that the relevant letter will be sent to the leadership of all countries-members of the IMF.
As Ukrainian News earlier reported, in early July, Ukraine and the International Monetary Fund have agreed to resume cooperation under the International Monetary Fund's Stand-by loan program.
Ukraine intends to obtain USD 14.9 billion.
Ukraine held talks with the fund on the attraction of USD 19-20 billion within forthcoming 2.5 years in the frames of new co-operation program.
The Yulia Tymoshenko Bloc intends to provide the IMF with the ruling of the Arbitration Institute of the Chamber of Commerce of Stockholm, Sweden, that obliged the Naftohaz Ukrainy national joint-stock company to return 12.1 billion cubic meters of gas to RosUkrEnergo, Switzerland.
In early 2010, the court obliged the Ukrainian company to return USD 197 million to RosUkrEnergo in the frames of the conflict regarding the fulfillment of contracts on sale, purchase, transit and storage of gas.
Fuel and Energy Minister Yurii Boiko said that Naftohaz Ukrainy does not plan to transfer 12.1 billion cubic meters of gas to RosUkrEnergo.
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