Ukrainian Gov expects from international financial institutions up to US$3 milliard of investments

30.04.2015 09:23 "Agro Perspectiva" (Kyiv) — "Within this year we expect to obtain from the EBRD, the European Investment Bank and other international financial institutions up to US$3 milliard as investments in the Ukrainian economy," Government Portal reports quoting the Ukrainian Prime Minister Arseniy Yatseniuk as saying on Tues, Apr 28, at a press briefing within the International Support for Ukraine conference in Kyiv. As to the report, Yatseniuk emphasized that the main thing for Ukraine now is de-escalation of the situation in eastern Ukraine and get rid of the Russian military presence. «We must frankly say that to attract a private investor into the country that is in the middle of war with a nuclear state - the Russian Federation - is very difficult. And Putin does it purposefully to prevent foreign investors coming to Ukraine,» Yatseniuk said. Besides, the Prime Minister reminded that a lion’s share of the total financial support Ukraine receives are the loans: «With low-interest rate, long-term loans - but these are the loans we should pay back to our creditors.» Upon whole, reminded Arseniy Yatseniuk, Ukraine has received US$17.5 milliard from the IMF and US$7.5 milliard from other international partners. In addition, Ukraine might receive US$15 milliard as a result of debt restructuring. Besides, Yatseniuk also admitted that the International Conference gathered over 500 participants from over 50 countries. The objectives of the conference, in his words, include «to sum up the results of reforms in Ukraine, to determine priority goals for Ukraine to achieve in synergy with the western partners, as well as to prepare for future joint meetings both in Ukraine and abroad». As to him, this conference in Kyiv is just the first step; there were also planned investment conferences in the USA and Germany, with an aim to attract capital exclusively in the shape of private investment. «At the end of this year we and our western partners are planning to hold a major investment conference in order to summarize the reforms and to provide us with a roadmap which additional financial resource Ukraine can draw», the PM summarized. stressed Arseniy Yatseniuk. The Prime Minister also emphasized the importance of «a very clear positive assessment» of reforms in Ukraine by the European Commission within yesterday’s Ukraine - EU Summit in Kyiv, which had been reflected in the decision of the summit.

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