imf recommendations.assive interest rate hikes, where the policy rate is 16.9%, which means lending to small businesses is near 30%. and, they may need to get it between 25 and 30%. the cost of living has been extremely high because of the depreciation of the rupee. and all of that has been passed on to the people. it has led to people in the formal sector having their incomes have. -- halved. this is unsustainable to the working people of sri lanka. although it might give it market confidence in my give confidence to the creditors, in terms of ordinary people, there is very little and this -- in this. to relieve their economic pressure. nick: what is your view of this eran, are we on the road to his -- two resolution to the crisis? eran: it is an arrangement that is necessary but it is not a solution. it is a necessary step in a larger solution that is needed. we have been saying for quite some time that there should be -- a confident market fund in the next few years because it shows that the government

the imf reaction will gives sri lanka hope of a way forward.a reports on why china's agreement is so crucial for sri lanka. china is sri lanka's largest bilateral lender, accounting for nearly 52% of the total sovereign debt on sri lanka's books. and them coming on board, in fact, was literally the largest piece needed for sri lanka to secure that imf loan. —— literally at the last piece needed. remember, other nations like india and japan had already agreed to on loan restructuring, which is a key prerequisite by the imf after sri lanka defaulted on a loan repayment. in fact, to meet other conditions laid out by the imf, sri lanka has already imposed sharp tax hikes, interest rates have been raised, subsidies on fuel and electricity have been cut, which means the tariffs have gone up. president ranil wickremesinghe, in fact, told the sri lankan parliament today that with china's approval now in place, they are expecting the imf loan bailout package to materialise in the third or fourth week of this month itself. and this money is crucial for i

and here, in these interests, the imf is needed, after all, why do they force the imf to be fucked upd to the world and deprived us of a competitive advantage. and you correctly said that china was preserved, including the pipes are simple, but the decision is the decision to repair, then the government, which the russian federation has the central bank or at least do. so to decide, the eggs would and the government should have the same task. production level of the socio-economic level of our citizens to understand, but i do not pretend to anything. well, they did not have time to answer our question about capital flight, the cocktail will not have time to answer this question. they generally live in a wonderful world in the world of pink ponies where no one touches them and you can do whatever you want. i don't know what, actually, we are at war with nato. well when i didn't say no, well, you see, when the government. we're talking about government the government knows exactly the issue is zero. so far, nothing has come together. just in our country, where there is free journalism,

actually cover the military actions, the war, yes, and the second recovery, when we talk about the imfere are always, but what conditions are the number that eh-eh clearly determines the list of those tasks that relate to ukraine and the actual eh macro-financial stability in the first period is not subject to additional requirements; moreover, we have already fulfilled the main objectives of the legislation on the transition to taxation , and to the taxation regime that was before the start of the active phase of hostilities, the entry into the second in the second part , there will indeed be very unpopular things, probably related to bringing tariffs for housing and communal services to the morning level, but in the first period, which will cover the war period, there will be some such serious, very sensitive things connected with e-e, let's say tariffs, other things are not foreseen, so actually during the period of war, the most favorable mode of financing , moreover, the international monetary fund is now changing its internal documents, which allows it to finance the economy of a

i know that negotiations with the imf are currently ongoing.hope that the international monetary fund will borrow this money. are there any other ways? well , in fact, this is the largest increase in our entire history, a one-time increase in budget expenditures, and we do not yet have a corresponding draft law. is being developed in the ministry of finance and it is probably too early to talk about the final amount , but the fact that it will be large is already obvious , and the fact that it will go to the army, that is, to defense and security, these are also obvious things if to talk about the sources of filling this money, that is, this difference that will arise, these are traditional sources, this is borrowing , this is our internal reserves - this is, let's say, a decent monetization of expenses at the expense of the national bank, this is actually what was used during the 22nd year and what we definitely need will be used and this year, negotiations are also underway with the international monetary fund, and according to the program be

the imf loan will also help ease shortages.e a tough nut to crack, even for dollar—generating export units. the government says it is confident the imf—mandated long list of reforms will deliver. translation: because of this agreement, financial _ discipline in our country will become legislated. stringent new laws for the prevention of corruption will be introduced. but economists say the quick—fix solutions that the government is promising are bound to fail. sri lanka's crisis begins with a crisis of governance — that's the cause, and corruption — and ignoring that and treating the symptoms, like balance of payments, you know, reducing debt to gdp, these are just symptoms of the problem. it is not going to help us find a sustainable solution. sri lanka has had 16 imf bailouts before and reforms in more than half left unfinished. the imf loan may encourage investors, but there is still a crisis of confidence. there doesn't seem to have been enough explanations to the public on why these hard—hitting reforms were needed, and a

mykhailo thank you for your comments . on our broadcast, they talked about banking , the imf and the discount rate of the national bank of ukraine, we only add that every citizen of switzerland actually paid 13.5 thousand dollars in total for the e-rescue seuss loan. all see you tomorrow morning at 8:00 a.m. we will talk about the economy again with andrii yanitsky on the espresso tv channel together we will win today we continue the search for five-year-old yaroslav maigur who disappeared in september of last year on territory at that time still in the occupied kharkiv region. and now we received information from grandfather yaroslav that the boy was a living man and even sent us a video of communication with his grandson and how handsome he was. connection with the grandfather who lives in kharkiv region and is now doing everything possible to find and return his grandson, the man last saw the child before the war because his grandson lived with his parents in kharkiv in the first days of full-scale invasion, the situation there was quite turbulent, and the family immediately decid

dollars, the term of the agreement is four years, which must agree with the board of directors of the imf in conditions of a record budget deficit. this program will help us finance all critical expenses, maintain macro-financial stability and strengthen cooperation with other international partners, the prime minister assured denishmagal and on this topic we will talk with ivan muson, an expert in international economics , we congratulate you, ms. tetyana, mr. nazar, i congratulate you , i congratulate all the viewers, yes. good morning. why internationally, because we are talking about it is probably not only about the international monetary fund, but about all the other institutions that help us, by the way, there is another tranche that allocated macro-financial assistance to ukraine , but to what extent i remember that before, well, let's say before the adoption of the budget for the 23rd year, then the head of the ministry of finance marchenko spoke, prime minister derzhmygal said that we have, well, previous agreements regarding this kind of joint financial basket for the 23rd year

good morning, what are the prospects in your opinion of these imf programs, er, of which at least two, look at the program, one is currently being considered, and this is well, there is a new program there some kind of it is being discussed, new contours from the eighth to the 15th volume, it is impossible to say, well, it is still impossible to say what the requirements are, so we can focus there on the previous program , and there is the strengthening of anti-corruption bodies , the improvement of the management of state-owned enterprises, and so on, and there are some specific beacons this is so far internal central information that is just being discussed, and here the more important point is that the function of the imf is more of an audit of economic policy . financing of the same budget deficit, that is, the 22nd year, we have all our external borrowings of about 33 billion dollars. and of them, the imf will have only 2 grants, if i am not mistaken , two and a half billion, that is, approximately the specific weight of imf financing will be from in the 23rd year, that is, it is

sort of double check for other er official territories that allocate much larger er amounts and the imfn indicator of whether ukraine is doing everything right on the way to reforms er, how much control is needed for with these funds and here in the press league, it's about something important it is about the fact that ukraine undertakes not to resort to any drastic movements that can reduce the volume of er taxes , which countries are going to er remarant towards those voices in ukraine who talk about a liberal er drastic tax reform and by reducing investments, which in theory can lead to the great academic growth of the imf . obviously, he does not believe this, and it is from the positive. how to stand to see what what is happening in the banking sector is to engage in anti-corruption reform , and already the second stage can be read somewhere between the lines as post-war. of course, they do not know when the war will end, but they also assume that the second stage is more related to the restoration of eh and eh integration into the eu, but of course the bmw news here is not only a

you say that the imf calls on ukraine to refrain from tax experiments. are there any ideas that are still alive which are being discussed in relation to experimenting with taxes. if so, what ideas exactly are we talking about, there are ideas, they are constantly floating somewhere in the air, we saw what was there and on the initiative of the president's office, it was recently discussed again whether another such right was held, a tax and anti-corruption conference was held, and i again i wonder again why the office of the president , who should be engaged in the administration of the activities of this branch of government, is actually doing this, but in fact there is such a need, uh, there is a need for such a system rebooting the tax system eh hmm regarding the specifics well, we just won’t invest in the time frame right now, that is, proposals regarding there again a radical reduction of taxes or a transition there eh from an income tax to a tax on withdrawn capital, well that’s actually exactly what is now it is cut off there , including this imf

so bringing that down to about 12 to 18% by the end of this year is a target that imf has put.gotiations with its private, as well as bilateral lenders, whether it's a write off on the loans or a postponement on the interest payments is what they will have to discuss and which is where discussions with china will be key to watch out for. restructuring of some of the large public sector enterprises, privatisation of some of the public units, is also on the cards to boost revenues for the government, which will be the key going forward and a key condition that imf will watch out for, not to miss the biggest being, keeping an eye on corruption and building policies to deal with corruption. because, remember, economic mismanagement, corruption, was one of the reasons why sri lanka is in the position that it is in today. and this is something that both the imf and the citizens of this country will look forward to. reflecting there on the bailout for sri lanka. much more on those stories, be they based in the uk or around the world on our web—site or the app. you can reach me on twit

tell us about the main conditions of this bailout from the imf. , , ., , the imf.ent - the imf. the biggest one is| that the government versus revenue collection system. so that has been the biggest crisis here, the government didn't even have enough money in foreign reserves to impart and it is an input dependent country. policies are always revenue, tax hikes and subsidies on fuel and electricity and we have seen the government take those measures already. the second is to get both their private and sovereign lenders to come on the table and restructure the large debt portion on which sri lanka has defaulted. it is the other big one. the third is to restructure the public sector units, which are very large and heavy, to make them leaner and make them more sustainable on a long—term, so privatisation of some of the units like sri lankan airlines, to raise funds is also on the cards, corruption and bringing in public sector reforms are also some of the things that imf is looking at, the biggest, bringing down inflation through these policy measures. find these polic

the imf does not include that funds will simply be transferred to them so that later the imf will have the opportunity to control their use. excuse me for my lack of knowledge. credit or is it some other the program no no in this case it is a credit program to us, the european union issues funds on a credit basis, there is a truth for 30 years and a 10 -year grace period. that is, it is a long amount of money, and in the big picture, you need to understand that if you just hang on to ukraine all this debt, it was, well, ukraine can be declared bankrupt right away, to a large extent, i assume that our western partners, uh, come out of the gap, that it will be possible to force it, maybe not in one year, but to force russia to compensate for all these uh, there ukraine's losses, including the repayment of these debts, will be paid at the expense of the compensation that russia will be forced to pay, well, actually, you already mentioned the financial assistance of the european union there, and we are talking about 1.5 billion euros received from the macro-financial package of the europea

we very much want to see the imf negotiate an agreement to lend to ukraine. the managing director has been clear that's a goal that she has to negotiate a full program by the end of march. and it's something we will emphasize in our discussions this week that we think is extremely important. of course, in meetings in which russia participates in the g20, i've always expressed my own and the u.s. point of view that russia's behavior is not only a clear violation of international law in an unprovoked really hostility. but, that it's one of the leading factors shaping the global outlook, with respect to food with respect to energy, and harming the global look generally. and that's certainly something that i will emphasize in our meetings here and i'm sure that other countries will as well. >> next question goes to the soshted press. -- associated press. reporter: hey, i just want to ask given that russia has withdrawn from the nuclear treaty as well now, can we expect further sanctions from the u.s. against russia? and also, given that the g20 presidency and som

talk about politics, we will talk about the economy in our country and about the new program with the imf. thank you, colleagues. we continue to monitor the latest news and are ready to share it with our viewers . the only news is that together we are strong. contribution scan the qr-code in ukraine already almost 5 in the morning for your attention the latest news at this time of the day my name is svitlana usenko congratulations ukraine will return all its territories the president of ukraine volodymyr zelenskyy stated this in the daily in his address, he emphasized that our country is moving step by step towards victory, we will reach the same result in other active actions in the heroic battle for donbas, in which the ukrainian flag will inevitably dominate in the further confrontation in the south, which will restore normal ukrainian life in the prize for the return of our crimea where did the migration of the most far-sighted rats of the terrorist state already begin ukraine and the imf agreed on a new financing program, its amount is 15.6 billion dollars, this is stated in the offi

many of our donors, that is, these countries and finances they are confused, why do they look at the imfuse they create a macro forecast of the international monetary fund, they trust the opinion of the international monetary fund, and for example, when the voters of the european union countries have a lot of questions, why do we help ukraine , that is, this is a difficult time, that is, if they don’t steal money, then the imf is so peculiar it is a sign that everything will be fine with the money, that is, that reforms are being carried out, simply that the money allocated to our state is going in the right direction. therefore, it is also like a green light for european politicians countries, it's just that when they allocate money to us to fight the enemy, look, uh, vasyl, i'm going to go a little to the side now in our differences in our conversation, because maybe i 'm wrong . approximately understands how well, i am saying very naive things there. well, there is no need to print a lot of money, then there will be no inflation . that is, this is such a law and everyone understands h

until the end of the year well, i know that you took an active part in our last negotiations with the imf, which previously ended successfully for ukraine , what does this mean that the imf now has a multi-year program for ukraine, but to what extent are we ready and able to implement this program ? we are not predictable for the next few years because everything depends on the results of the military company, this is a unique case, i will tell you that we were able to convince the fund and the fund agreed to give the country an expanded financing program that there is a war going on and it is unprecedented, this is the first time in the history of the fund that this has happened, so of course the risks are all clear, we tried to minimize such risks in the process of discussing the program, as well as the fund, there are several scenarios of the development of events and there are appropriate responses to all these scenarios, so we can say that the fund is with us could not foresee any potential risks, it is not possible there is also a potentially positive scenario there is a base scenar

this would all be fine, the new memorandum of cooperation with the imf has not been signed.is about to have appear and at that time, the government registered a draft law on amendments to the budget, while increasing state budget expenditures by 537 billion, more than half a trillion , well, this means that the planning that took place three months ago did not take into account any real pictures of any real need. i understand. how can the government show itself from such a side , that is, they have not learned how to make planning even close to being more or less predictable and to make it correspond to real life, so of course when we are now talking about the government, we have made changes to of the budget in order to additionally direct uah 518 billion to the security and defense sector, and i am talking about the fact that the government introduced a budget in which it proposes to increase the state budget deficit by uah 419.3 billion at the expense of internal and external borrowing, in my opinion - this is a disaster. why? that, firstly, domestic borrowing, it is true

reporter: some have questioned how effective the program will be. >> imf programs are often designede symptoms of the problem, and not the cause. more than ever, i think it is clear to the imf and everyone else that sri lanka's fundamental problem is in governance and corruption. this program, and it is being -- as it is being published, fails to engage that causal issue of the country. reporter: the imf bailout will provide much-needed funds to allow sri lanka to buy essential goods and help struggling businesses. but analysts saying much still needs to be done to allow sri lanka to begin to recover. lauren: protesters have set off layers and fireworks in paris as demonstrations against france's pension reforms continue. there were thousands of people in the french capital on the eve of a crucial televised interview by president emmanuel macron. police attempted to disperse protesters with tear gas. macrina aims to use the interview to "calm things down." former british prime minister has admitted he misled parliament parties held at downing street during the covid-19 lockdown, but

have allocated an extraordinary amount of funds, possibly up to 80 billion dollars in two years, the imfl not bear this burden alone . everything also depends on the help of other creditors. and words of gratitude. last month, the head of the israeli foreign ministry, elikon, became the first israeli high-ranking official to visit ukraine after the start of the full-scale war. he restored the full and valuable work of the israeli embassy in in kyiv, he held meetings with the country's leadership, visited babin yar and budshov opened an indomitable point from the israeli embassy and handed over children's equipment to a children's hospital, but to ukraine, is he ready to provide weapons to kyiv's defense about sanctions for oligarchs of jewish origin and about mistakes in relations nataliya churikova spoke about the way of israel in ukraine by mihael boronsky shelling of ukraine continues, they continue and it is vital for ukraine to get an israeli early warning system when you think it can come, it can't be just eh the fact is that you cannot simply take the israeli early warning system

money, what sums are we talking about and do we still need to negotiate with someone, in fact, the imforced to open this program for ukraine to change their own rules because the imf has never before transferred a country during a war because there is no confidence in the macroeconomic future and in order to dare to lend they changed the rules or the rules they say other creditors also have to agree, this applies to countries. does this mean that the commercial debt will not be paid , of course ? the last thing that will happen is the restructuring, and most likely it will include the hrk, that is, the write-off of part of the debt, and the imf will also insist on this, because even in the 14th year, when they did the restructuring in the 15th, and now they always have this the thesis that everyone has to pay cannot be the case that there state institutions help and commercial investors do not help and profits are made, so everyone will pay. this is the second debt write-off after 2015, although in the 15th year there was a replacement and the creation of new valuable papers that are t

what will this bailout mean _ that the imf has put.dinary sri - that the imf has put. what will this | bailout mean for ordinary sri lankan people? bailout mean for ordinary sri lankan --eole? ., , ., ., people? over the last one year, a lot of business _ people? over the last one year, a lot of business activity _ people? over the last one year, a lot of business activity and - lot of business activity and economic activity that affects businesses and regular people was stalled and money coming in will actually push some bit of that on the track. with better reserves, the government will be able to import essentials. a lot of import restrictions that are currently on will be slowly released, which means shortages will be released on the ground, which is one of the big reasons why we have seen a soaring cost of living in sri lanka. even now inflation is at 50% so everything from your milk and eggs to clothing or even footwear is extremely expensive. so some of the cost pressures there will ease and prices will come down. businesses wil

to quotas in the imf, the number of votes in the leadership is distributed according to the demolishedefore the americans. accordingly, they are the main thing for which they are fighting, china china is fighting for the redistribution of quotas within the moscow state university within the imf agreed. you are my friend intravf, by the way, he is also fighting for our quotas in order to send us students. okay, in the wto does not. yes, husky round the first round, when the bastard turned into this, that is , the gad system has been included in the wto system since the ninety-fifth year. since 2001, when it ended, in fact it never ended. why because the americans could not make these decisions, which are developing countries there, china there and india. here we need to unite and remake the rules of world trade. here is our diplomatic front of our struggle , pushing out from there those rules that were installed before our very eyes, they were installed by the anglo-saxons. this is another 402. by the forty-eighth year, there were consultations between the british and uh americans, the

so, our bank told us about a new extended program with the imf, eh, discussions are still ongoing , in your opinion, and what should we expect? now we are talking about 18 billion dollars, or could it be more? well, it is clear that such the situation we have in ukraine, any penny, any billion dollars, it will not be superfluous, and therefore, of course, in the rules of the international monetary fund, do not give loans at all, do not sign agreements with countries in which there is a war, and for ukraine, this will be a very serious exception for it will also be important for us because it will show the trust of the entire large financial institution in our economy two weeks ago , the head of the international monetary fund kristiana georgieva came to kyiv, she was taken and shown irpin but perhaps even more important she was shown the work of the government. and she said that she was pleasantly surprised that despite the war, the government is working, the budget is working, the economy is working, of course, with all the problems that exist, and that is probably why, during this vi

the imf is the only party that parrots putin's propaganda.eir written records, where they admit that they are taking putin's material and completely, without analyzing, it because they have no access to information, they are flying blind, they have admitted this to me, their top economists, they're taking what putin gives them and they are canonizing it, they're credentialing it. so when you hear me talking about how every sector of the russian economy, from retail down, 65%, automotive's down 99%, thousand companies pulled out 3 million of the high most talented workers fleeing half 1 million to uzbekistan alone. and then the imf says they're gonna have faster growth, higher growth in russia than germany in the uk? no, there's something going wrong here. what they don't do is not contributing the 60 pieces of information that they are required to be a member of the imf since war broke out they have concealed it. nobody knows this. >> david rothkopf, why did secretary blinken choose this moment to meet with sir jay lavrov? what does it mean?

and here, in these interests, the imf is needed, because why is the imf forcing us, but now oil and gase answer is not simple, but the solution is a simple solution to the government of the russian federation , the central bank, or at least to do so, and the central bank and the government must solve the same task of increasing the economic. i can understand the production level of the socio-economic level of our citizens, but i do not pretend to anything. well , they did not have time to answer our question about capital flight, the cocktail will not have time to answer this question. they generally live in the wonderful world of pink ponies where no one touches them and you can do whatever you want. i do not know what actually, we are at war with nato, but when no one said, no, well, you see, when we talk about the government , we know for sure, yes, but it is the government of the issue zero, nothing has united yet. just in our country, where there is free journalism, where one of the rare countries can ask a question. we also have absolute freedom not one question does not answer. w

this is facilitated by the new imf program and it also slows down the growth of the walls natalya kulyk roman shcherbakov ictv fact the only news representatives of the church of the moscow patriarchate are leaving the lower lavra calmly and without conflicts, although their leader is the abbot pavlo almost every day makes loud statements that the monks will not leave the monastery, meanwhile the state is acting within the law by checking all valuables on the spot and that with the immovable property of the main orthodox shrine of ukraine, a special report by oksana mykhailova with her belongings, representatives of the ukrainian orthodox church of the moscow patriarchate are leaving the lavra little by little sometimes they have until march 29, then the contract according to which the monks rented the premises of the monastery was transferred 79 to release them, 20 days were given for eviction from the territory of the reserve, so some are leaving, others are still hesitating, we will act as vladyka pavel blesses strictly eh. well, it's time to show the governor until he doesn't want t

all of these have now been certified by the imf as being on the path to macroeconomic stability.is too high for the country to pay back that's why it defaulted back in may of 2022. the imf programme also permits sri lanka now to enter into negotiations with its creditors, both official creditors like china, japan and india as well as the private creditors, the holders of international sullivan bonds to bring down the level of debt that it has to repay to a point where it can repay the debt. that is going to be the main component in sri lanka reentering capital markets. that is a roblem reentering capital markets. that is a problem but _ reentering capital markets. that is a problem but also _ reentering capital markets. that is a problem but also the _ reentering capital markets. that is a problem but also the political. a problem but also the political turbulence in the country. you —— debt is a problem. what would you advise the government in terms of these political stability of the nation? i these political stability of the nation? ., �* ., , nation? i don't advise the govern

and the imf which is controlled by the americans proposed candidates, comrades yushchenko for the headf the national bank of ukraine, it’s not enough that yushchenko, as we remember, her wife was an active employee of the mnb there with a significant rank, that is, we understand that in this situation the interests of the ukrainian oligarchs coincided with the interests of the west and gradually the ukrainian oligarchy . they integrated into the west not in russia, but why would the oligarchs , they were afraid of repeating the fate of gusinsky khodorkovsky, other authorities began to dominate, and the ukrainian new oligarchs were afraid they would not cease to be masters of their country, accordingly, they started very quickly. those people who are with authorship, with whom this policy of rejection from russia began to be implemented. the further, no more. nds of ukraine europe ukraine europe europe in recent years it seemed that you know everything. ah, such hopelessness. that's all gone. nobody needs it. if it’s worse worse for my mother, who is there for 40 years, the pension is s

and the imf, which is controlled by the americans, proposed candidates, yushchenko's comrades for the not enough for the national bank of ukraine that, as we remember, yushchenko’s wife was an active employee of the mns there with a significant rank, that is, we understand that in this situation the interests of the ukrainian oligarchs coincided with the interests of the west and gradually the ukrainian oligarchy. they integrated into the west not in russia, but why not, or the oligarchs , they were afraid of a repetition of the fate of gusinsky khodorkovsky, other authorities began to dominate, and the ukrainian new oligarchies were afraid they would cease to be masters of their country, respectively, they began very quickly. appear those people with whom it began to be realized. this is the policy of rejection from russia the further there will be more. opa state duty in one of the surnames, ukraine ukrainian europe in recent years it seemed that you know everything. ah, such hopelessness. that's all gone. nobody needs it. everything is worse. it’s worse for my mother, who is there

and as the imf ponders a big bailout for sri lanka, we hear from the country's foreign minister, who's been involved in those negotiations let's now get down to business and the drama that let's now get down to business and the drama that has let's now get down to business and the drama that has been unfolding over the weekend in switzerland is dominating once again. they've had fraught negotiations as the authorities, the central bank and leaders of two of its biggest banks tried to reach a deal to prevent another damaging financial crisis. late on sunday it was announced. the troubled bank credit suisse has been taken over by its rival ubs in a government—backed rescue worth over $3.1 billion. that's less than half the value of credit suisse at the close of trade on friday. the deal�*s been widely welcomed, including by the bank of england, the european central bank and in the us. switzerland's central bank wanted to prioritise financial stability and protect the swiss economy. here's the chief executive of ubs. translation: it means we bring back stability _ translation: it means we

and the imf, which is controlled by the americans suggested candidates, comrades yushchenko for thed of the national bank of ukraine, not only that, as we remember, yushchenko 's wife was an active employee of the mnb there with a significant rank, that is, we understand that in this situation the interests of the ukrainian oligarchs coincided with the interests of the west and gradually the ukrainian oligarchy . they integrated into the west not in russia . why were they afraid of repeating the fate of gusinsky khodorkovsky? those people with whom i began to realize myself began to appear. this is the policy of rejection from russia the further, no more ukraine ukraine ukraine russia europe in recent years it seemed that you know everything. eh, such a hopelessness, that's all gone. nobody needs it. if it’s worse for a mother who’s been there for 40 years, the pension is such that she had enough to pay for the services and there’s no talk of medicines , there’s no question of buying something for herself, well, the things of the ukrainian authorities have been destroyed there infor

and the imf, which is controlled by the americans , proposed the candidacies of comrade yushchenko forof the national bank of ukraine, moreover that yushchenko, as we remember, had a wife, she was an active employee of the national security ministry there to call names significantly, that is, we understand that in this situation the interests of ukrainian oligarchs coincided with the interest of both the west and gradually the ukrainian oligarchy. they integrated into the west not in russia, but why they were afraid of the oligarch, they were afraid of a repetition of the fate of gusinsky khodorkovsky, other authorities began to dominate, and the ukrainian new oligarchies were afraid they would not cease to be masters of their country, respectively, they began very quickly. and the people with whom i started to realize myself. this is the policy of rejection from russia the further, no more. ukraine europe ukraine ukrainian, europe in recent years it seemed that you know everything. eh, such hopelessness. that's all gone. nobody needs us. everything is worse. worse worse for my mother,

and the imf, which is controlled by the americans, proposed the candidacies of comrade yushchenko forhe head of the national bank of ukraine, not only did yushchenko, as we remember, she was an active employee of the mnb. it is significant to name there, that is, we understand that in this situation the interests of the ukrainian oligarchs coincided with the interests of the west and gradually the ukrainian oligarchs. they integrated into the west not in russia, but why were they afraid repeating the fate of gusinsky khodorkovsky , other authorities began to dominate, and the ukrainian new oligarchs were afraid that they would cease to be masters of their country, respectively, they began very quickly. appear those people with whom it began to be realized. this is the policy of rejection from russia the further, no more ukraine apte europe ukraine europe in recent years it seemed that you know everything. ah, such hopelessness. that's all gone. nobody needs it. everything is worse. it is worse for my mother, who is 40 years old there, the pension is such that it was enough to pay for

i sat down with the imf chief a lot.. >> i don't have to tell you, traditionally it's been men in positions of power like yours. but now we have more women. we have you. we have u.s. treasury secretary janet yellen. we have european central bank president. how does that reality finally change the reality for women around the world? >> having more women in position of authority brings more diversity in decision making. and the result is we make better decisions. i still recognize that we have a long way to go, poppy. today only 5% of ceos p pof big companies are women. we want to see more of this in coming in years ahead. gender equality is good economics. labor markets participation of women has gone up. but it is way below labor market participation of male. and what is the result? we release growth and society is poorer. just to give you the number. if we get women to participate in the labor market, it's par with men, the global gdp is going to be 20% bigger. so imagine what we can do with 20% more that we can collect

rishaad: we are looking at imf and sri lanka, the imf approving a bailout program for sri lanka over what has been a terrible time of it. they are saying they will decide or not whether this debt is yet sustainable or whether or not investments should be continuing. they are showing strong revenue-generating efforts as well, according to the imf. yvonne: according to the imf, they still need some constriction on those targets. could be more relief to come. this is bloomberg. ♪ nt research. introducing j.p. morgan personal advisors. hey david! connect with an advisor to create your personalized plan. let's find the right investments for your goals. okay, great. j.p. morgan wealth management. go. go brain. no, not that one. go this one. go optimizing data. go efficiency. go results. emerson's plantweb digital ecosystem is the brain for smarter, safer and more sustainable performance. go plant go. go boldly. emerson. it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david! connect with an advisor to create your personalized plan. let's find the

revise the tax rates there, do our creditors and our colleagues who support us more, including the imf, accept such initiatives when we talk about that reduction of taxation rates what you just told me, it seems to me that these are 10, what are the rates for our viewers, why should they be reduced or not at all? well, when did they start talking about the very application of such a system 10 10 10% tax on added value, 10% profit tax and 10% is personal income tax . you once said correctly in the eighth convocation. it will be more comfortable then he will trust or trust will come out of the shadow. i have made sure from my experience that we cannot achieve anything by any effort , by coercion. have been working for three years and if we talk about corruption processes in ukraine , have they decreased or are they present, they have remained at the level of 2018 , that is, there is no progress, as was the index of perception of corruption at the level of 32-33 points, so it remains and according to current measurements, i what i am leading to is that we absolutely must realize that ther

the g7 states, gave ukraine a postponement of loan payments until 2027 year, that is when the current imf program will end , the ministry of finance of canada announced, after the stabilization of the economic situation in ukraine or before the end of the country's imf program creditors will introduce additional steps to ease the debt burden, they also called on other bilateral creditors to quickly conclude an equally favorable agreement with the government of ukraine, militants supported by iran launched a missile attack on an american military base in northeastern syria , pentagon spokesman patrick ryder said, he noted that within two days recorded two attacks during the last one fired at least 10 missiles passed without casualties among the military and damaged equipment at the same time one of the shells did not reach the base and hit in a residential building, two women and two children were injured . at the same time, during the previous attack on thursday , an american contract worker was killed , five state servicemen were also injured, and another worker was wounded in response.

i think imf's predictions are think the imf's predictions are not most reliable. think the imf's predictionsns are ncsomeone itake reliable. think the imf's predictions are ncsomeone itake those le. think the imf's predictions are ncsomeone itake those with if someone will take those with a of promise two a pinch of salt. i promise two more papers and. where should we start? mark let's go to the times if we can. newspaper of record country . migrants record in this country. migrants on boats to be barred from britain a story we've covered extensively, including my take at ten, which you can watch on gb news. do you really want that job it with a winning job then say it with a winning smile. this according to new research from the association for the advancement of science conference in washington and johnson nominates his father for a knighthood . stanley to become a knighthood. stanley to become sir stanley daily express ending channel migrant crisis can win election . well, i'll tell you election. well, i'll tell you what. it's like. they've been watching the show. tory deputy chairman say

the imf loan will also help ease shortages.k and we are not able to compete with other countries. the government says it is confident the imf—mandated long list of reforms will deliver. translation: because of this agreement, financial _ discipline in our country will become legislated. stringent new laws for the prevention of corruption will be introduced. but economists say the quick—fix solutions that the government is promising are bound to fail. sri lanka's crisis begins with a crisis of governance — that's the cause, and corruption — and ignoring that and treating the symptoms, like balance of payments, you know, reducing debt to gdp, these are just symptoms of the problem. it is not going to help us find a sustainable solution. sri lanka has had 16 imf bailouts before and reforms in more than half left unfinished. the imf loan may encourage investors, but there is still a crisis of confidence. there doesn't seem to have been enough explanations to the public on why these hard—hitting reforms were needed, and a delay in l

the $3 million loan from imf will certainly not push the sri lankan economy out of the woods, but ittivity that was stalled over the last year, first being bringing sri lanka back on the loan market. remember last year when sri lanka defaulted on its loan repayment, it was declared bankrupt and it could not raise fresh funds. but now with the imf deal, more avenues will open up and sri lanka can go ahead and borrow fresh funds from other multilateral organisations like the world bank or the adb, and all the government projects that were running with this supply of money from multilateral organisations will also come back on stream. add to that, with better foreign reserves and better reserves, the government will be able to import essentials and some of the import restrictions that it had put would also be slowly eased out, which means shortages on the ground would be eased in the coming months. and that will also help bring prices of essentials down to a bit. police in major us cities are preparing for potential unrest in case ex—president donald trump is arrested this week as part

and second in the imf and wto. what is our position?at the beginning , you understand the food deal is, if we are talking about an agreement, then we have our part, but we have fulfilled the agreements and are ready to fulfill them, if we are talking about lining our pockets. uh, these are the most western , primarily american companies and their desire to once again cheat their own benefit. but this is again. e from a series of blinkin's machinations now about the wto and therefore and so on for this deal or if because i i read here is the transcript, because sergey viktorovich said it says there, do not strictly follow. our trinity. all countries will lose by and large, these are deals, if it doesn’t happen, except for us, she didn’t receive anything from her, and i’m talking about this, that if they don’t comply, that is, if this is an agreement that she has. obligations of the parties they are necessarily only one side and goading, e and machinations on the other side, if this is an agreement of equal rights, then we always fulfille

look at the latest agreements with the imf. that in order to directly provide for our military machine, it is clear that you need a working economy, because you understand that donors do not give us money from the russians , they give us money for all these social expenses. we support our armed forces, our army, and therefore, if we talk about the indices that the national bank periodically publishes about the mood of business activity in relation to the expectations there for the growth or decline of the economy, it is clear that there is hope that in the spring there will be another deprivation of economic activity, it is clear that this it will depend on how far the situation with kolos will go , how far we will be able to further liberate our territory and de-occupy our territory, and it is clear that all hopes and ukrainian business are very hopeful on the ukrainian counteroffensive, which will be able to strengthen the optimism of the ukrainian economy in the ukrainian economy. it is clear that this year will not be easy.

well, we talked about the expected 15 billion from the imf. and money from the european community is already coming to our coffers . ukraine received another one and a half billion euros from the eu macro-financial package . the head of the european commission, ursula von derlein, announced this this week. this is already the second share of support from the general package in 18 billion euros fonderland also emphasized that with such tranches the international community helps our ukraine to work and directly defend itself, and the reforms that are the conditions for the allocation of these funds put the reforms, these put the state on the way to joining the european union well, for now we will receive and it is good and that the funds come from our international partners but it seems to me that the government often forgets that it is possible to earn money and directly receive it from ukrainian business, so here is the foreign exchange revenue of ukraine for the sale of metal rapidly falling according to the results of only february january,

we have mobilization and so on the imf for the first time in 77 years of its existence.kraine money 15.6 billion. they said, here you are, we give you for 4 years in just a week or two you will receive this money, because we are needed in ukraine. we want to help ukraine, that is, the golden rain just pours on ukraine. uh, the european union, gave 2 billion. the americans give grants to the nvf df-16. it was recently said in my head that ukraine received 125 billion. during this year of assistance, someone said that 50 stops. he said 150 million. that is, why this money? why is the west so generously giving money to ukraine for only one reason, and the only criterion that is this one, it is the most significant is to fight against russia ukraine must fight against russia here. i just i think about myself, if in the thirteenth year of the fourteenth people who gathered on the maidan sincerely, who believed in the idea of ​​​​maidan, and they would be told, here you are, here you are, who were people sincerely, believing in the idea. freebies are correct, but if they were

imf the.mer chief economic advisor for india joins us here in the new york studio along with our global economics and policy editor kathleen. thank you so much for joining us. are you saying there are fundamental reasons why all of these regional banks are selling off so precipitously? >> if you look at the u.s. banking sector, immediately after covid, the savings increase i about 5 trillion. while the loans increased only by 2 trillion. where did the remaining 3 trillion go? one point 3 trillion went into u.s. treasuries and we know very well that the u.s. treasuries market value decreases when the rates are increased. the unprecedented increase in six months has led to about 600 billion plus of unrealized losses. that is the point that i am making by saying this is a canary in a coal mine. many commentators are focusing on the fact that the kind of deposits that svb had was more than $250,000 which is not insured. the crucial part to recognize is that this loss is about 30% of the equity of