“Kiev diligently signed off on all kinds of cooperation programs with the IMF but never kept its promise to carry out the reforms,” the newspaper emphasized.
With $29.5 billion already disbursed, the International Monetary Fund tops the list of Ukraine’s foreign lenders.
The EU is in second place with 12 billion euros worth of loans and grants made available to Kiev.
The newspaper mentioned Ukraine’s sovereign debts also to Japan, the US and other countries, but failed to mention the $3 billion Kiev was supposed to have returned to Russia back in December 2015 as part of a 2013 loan.
IMF officials have grown increasingly concerned that the financial assistance to Kiev would be squandered or stolen by corrupt officials."
The economic situation in Ukraine has been looking down since President Viktor Yanukovych was ousted in February 2014.
The International Monetary Fund then decided to disburse $17.5 billion as part of a four-year financial bailout plan for Kiev. The initial $5 billion instalment came in March 2015, the second, $1.7 billion one arrived in August 2015.
A third tranche of assistance has been held up since October because IMF officials have grown increasingly concerned over the ongoing political instability in Ukraine and fear that the financial assistance would be squandered or stolen by corrupt officials.
