The Finance Ministry promises to launch a land reform in 2017

2017-03-14 12:50:11
Machine translation
The Finance Ministry promises to launch a land reform in 2017

Finance Minister A. danyluk promises that the introduction of land reform will take place in the current year, in accordance with the agreements recorded in the previous memoranda with the IMF.

 

"Now it is important at the legislative level to regulate the functioning mechanisms of the land market. These aspects will be developed by domestic and international experts", - said the Minister.

 

Recall that in 2015 Ukraine and the IMF signed a Memorandum of economic and financial policies which the country should undertake in the framework of the EFF. This program involves the allocation of Ukraine almost 17 billion dollars of aid, of which 7.7 billion $ have already been obtained.

 

After the summer break in funding, in September last year the IMF gave Ukraine 1 billion dollars in the form of a third tranche of aid. In March 2017, the IMF agreed on an updated Memorandum of cooperation with Ukraine, one of which is the introduction of an open land market.