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The Ukranian Cabinet of Ministers sees continued cooperation with the IMF as the nations main anti-crisis program.

“We believe that continuing cooperation with the IMF is necessary to make it through to the end of the presidential campaign. This is a political stage for stabilizing the political situation in Ukraine and for overcoming the financial and economic crisis. It will be very difficult without the fourth tranche from the IMF,” Prime Minister Yulia Tymoshenko said today during a meeting with G8 and EU country ambassadors and representatives of the European Commission in Ukraine.

She also noted that continued cooperation with the IMF is a precondition for receiving assistance from the European Commission to maintain Ukraine’s macro-financial stability.

On November 30 the International Monetary Fund’s board of directors will make a decision on whether to grant Ukraine the next tranche.

“The IMF tranche will not be delayed. The IMF has no official position on whether to issue the tranche. Therefore, our work process is normal. On one hand we are reviewing the loan program and on the other we are conciliating the text of the letter of intentions. The planned meeting with the IMF is set for November 30,” acting Finance Minister Ihor Umansky said today.

On November 10, Vice Prime Minister for European Integration Hryhoriy Nemyria announced that “government is interested in receiving the IMF tranche as soon as possible”. “If we reach a compromise inside of the country and reach a consolidated position with the IMF then within two weeks their board of directors will meet. At the earliest this may happen at the end of November or in the first ten days of December.”