Good Discussion of Ukraine non-aligned tactic

Odessablog's Blog

It’s been a long time since I mentioned the IMF and Ukraine.  Basically because it is has been a long time since the IMF lent any money to Ukraine.  More than 12 months in fact.

The reason being Ukraine’s reluctance to put up gas prices again for domestic and commercial users.  Now, you can understand Ukraine’s reluctance if there is still the very unlikely chance it can reduce the ridiculously high gas prices from Russia.

In an election year, those in power do not particularly want to raise gas prices yet again, having already done so to appease the IMF after coming to office (as well as other unpopular things like raising the pension age on IMF insistence), if such IMF demanded rises can be negated by a sensible gas price from Russia.

To be fair to the IMF both reforms are definitely needed and to be fair to the…

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