IMF Says Ukraine Fails to Meet Conditions of the April 30th 2014 $17 Billion Loan

Eric Zuesse

The IMF has concluded that it was too optimistic when loaning Ukraine $17 billion at the end of April, and that the Ukrainian Government’s economic condition is far worse than the IMF expected, and also that the Government’s anti-corruption program is too weak to justify the planned loan-installments or “tranches” going to Ukraine. Therefore, “even providing the program of the next two tranches is open to question.”

However, this only confirms an earlier assessment, made public on October 28, about which Reuters headlined at the time, “Ukraine unlikely to receive IMF loan tranche this year: finance minister.” And this was already “after warning in September that if Ukraine’s conflict with the separatists runs into next year, the country may need as much as $19 billion in extra aid.” Ukraine has made clear that it will continue the war, and so the additional $19 billion will also need to be paid to Ukraine in order for its war against the “separatists” to continue.

This rejection comes as a severe disappointment to the Ukrainian Government, whose central bank chief said on November 16th, “I am still optimistic about us being able to do it [to receive the third tranche] this year.” Clearly, that expectation won’t be able to be met.

So, since Ukraine is nonetheless now gearing up, with American taxpayers’ money, to replace its weapons-supply that was used-up or destroyed in the war to-date, and also to build an immense new military graveyard for a planned 250,000 corpses of Ukrainian soldiers in the next and future rounds of invasions against the rebelling region in Ukraine’s (former) southeast, the IMF is basically quitting continued financing of that ethnic-cleansing campaign against the residents in that region. The EU has already quit funding it, other than a token half-billion-euro donation delivered on December 10th. Only the U.S. remains committed to funding it, by donating whatever weapons and military guidance are deemed necessary in order to conquer, and/or to expel, the pro-Russian residents in Ukraine’s former southeast. 98% of the U.S. House voted for it, and so did 100% of the U.S. Senate. At least 67% of the U.S. public are against it.

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Investigative historian Eric Zuesse is the author, most recently, of They’re Not Even Close: The Democratic vs. Republican Economic Records, 1910-2010, and of  CHRIST’S VENTRILOQUISTS: The Event that Created Christianity.

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  • walkergw

    So you say that Ukraine now has to rely on US to rearm, where then are the rebels getting their weapons? If Ukraine has run out of its stocks, then there is no way that Donbass would not have the same need to resupply. Logic is always severly missing on the side of Russia supporters. Instead it is a war using bullying and insults which is why I will never be able to take a Putin sympothizer seriously.

    • S Giesea

      Logic – Dude, no one needs to support Russia.
      You have Nuland “Fuck the EU” – Odessa May 2014 – MH17 Provocations (Bullet Holes).
      Endless propaganda on how Russia Invaded.
      No sense of history with the Faulkland Islands and support of referendums.

      You want logic? This has nothing to do with Russia. The basics are Criminal Propaganda that is harmful to humanity in general.
      Put race – politics – religion aside and you have provocations that are criminal and mis-represented.
      Thanks for letting me share.
      As an American who travels and is aware, its a sad day to see America isolated and beyond Ethics.

      • geo1671

        ” a sad day to see America isolated and beyond Ethics.”- What took you sooooo long to realize it?-Let me remind you–America has been,the world’s most terrorist state since inception. WWI WWII 911 would never occurred if USA was not behind them.

    • PJ London

      No what they are saying is that IMF will not give money for food and fuel and the USA has approved “donating whatever weapons ” they need. Come January when there is no food and no heating, the “peasants” will need to be restrained. The 250k graves will not be for soldiers killed by Eastern forces but for Kievans killed by the “Right Wing” fascist, US mercenaries.
      I do not sympathise with Putin (he really does not need my sympathy) but with people who have to live with (illiterate, i.e. people who cannot or will not read plain English) fools such as you.

    • tiredofthemedialies

      The weapons have been in Donbass for very many years (left there by Russia) It’s not difficult to inform yourself, but NSA trolls wouldn’t bother of course.. … They also captured a lot from the Kiev Nazi Killers.

      • Nexusfast123

        Good point. The rebels are former elements of the Ukrainian army. It is a nasty civil war.

    • Rob

      I agree !! Russia is a joke and PUTIN is a lier !! And a simple murder !!
      He now ranks with Adolf hitler !!!!!

      • ipragmatist

        You’re delusional. Look to the idiots in our government in the US. THERE you will see the jokes and liars. Get your facts straight.

      • Rob

        At least I’m free !!!! I can do as I please ! I can say as I please !! I can express myself without fear of my government !!! I go where I want , I do as I want my rights are protected!
        Or should I say . I have rights !!
        Tell me what’s it feel like too be controlled and suppressed by RUSSIAN?? It really must suck !!!
        Russian Internet trolls are fun too play with :))))))

        • Hunter

          ha even your old DOD bose thinks this is a bad http://www.bvog.com/?post=IDuErJlf2VJxUiCsG

        • Hunter

          IP Address: 108.168.151.16 [whois]

          Country Code: USA / US
          Country: United States
          Region: TX
          City: Dallas
          Zip Code: 75244
          Latitude: 32.929901123047
          Longitude: -96.835296630859

          • Rob

            Lol yep THATS WHERE I AM HA HA HA

          • Rob

            Ha ha your programm DONT work !!! Ha ha ha maybe you should tweek it :)))

          • Hunter

            Country: United States us flag
            State/Region: California
            City: Corona
            Latitude: 33.9096 (33° 54′ 34.56″ N)
            Longitude: -117.6123 (117° 36′ 44.28″ W)
            Area Code: 951
            Postal Code: 92880 yea it did need tweaking thanks and its a script not softwear

          • Rob

            Lol it’s still wrong ;))) I have a evolving ip :))))) tomorrow it will tell you im in Chicago or New York :))

        • Hunter

          108.168.151.16 has just clicked on http://www.bvog.com/index.php?t=IDuErJlf2VJxUiCsG.
          Our Geo IP script shows the following location data for this IP:
          Country Code=US, State/Province=TX, City=Dallas, Postal Code=75207,
          Latitude=32.7825, Longitute=-96.8207, Metro Code=623, Area Code= 214. and thats why ever one in the world now knows your a dumb cunt never click on links but i did get 3 or 4 clicks i think your the first but lets troll see what we can find

          • Rob

            Lol don’t quit your day Job :) :)

          • Rob

            I think your more of a internet gnome, yes I’m sure of it ! But you try ! I guess that’s what’s most important :))

        • James Leonard

          Russians don’t have to eat GMO food, don’t have chemtrails, can’t be thrown out of their home through foreclosure, don’t have out of control police brutality, can drink fresh milk and give food to people without fear of being arrested, aren’t bankrupted by medical costs, and on and on. People in Russia are very much freer than Americans.

        • Steve3

          Your a dreamer if you think you are free in America. This troll excuse you keep making up is a bit lame

        • Rob

          Lol yep another kremlin internet troll !!
          Your wrong and you know it !!!
          How much does the kremlin pay you ????
          Now your money is worthless !!! Your RUSSIAN stocks are Junk !! :))))
          Your fearless leader has bankrupted your country !!!
          No one wants too invest in a country that’s on the brink of imploding !!!!!
          Have you noticed your prices have went sky high ???
          The russia people will pay for what the kremlin has done !!!
          And yes I’m free !! I’m More free then living in Russia !!!
          At least my money has value !!
          :))))))))))))

      • Hunter

        i feel so sorry for some humans out there if you truly believe the crap that comes out the Americans media mouth or your dead shit government ok Russia goes to Ukraine ok thats bad how many millions of humans has your bloody government killed hmm the Korean war, Venetian war, Iraq war, Afghanistan war bloody idiots there a few things all these wars have in common 1. you fucks trained and funded one of the sides before deceled war on the country then bombed the shit out of them and your troops raped and pillaged the county 3. you lost all of them and you
        fucks are to weak to stand in front of your government to say no more lets have a look at the numbers 2 million persons in Vietnam died (both North and South) the Korean war 1,577,0000+ the golf war 50000+ the
        second time they were invaded
        500,00+ Afghanistan 18,000 – 20,000
        but your government will never tell the real numbers becourses they like
        to play moral authority yet torture ,rape and kill humans all over
        the world so if you do the numbers your fucken goverment is responsible
        more deaths than Hitler and pol pot combined becoures lets not forget were pol pot got his guns, the usa is about to get us all bloody killed your government is solely responsible not the jews or anyone ells have any one read Treaty of Brest-Litovsk. ukraine is a part of Russia. think about it like this what would your government do if hawaii wonted its independents hmm lets look at your history hmm invade install new goverment go back in 5 years and bomb them again i hope you fucks get NUKED o wait your the only country that has ever used nukes on a bloody
        city so go mach on your wight house and protest and after the police beat the shit out of you and your in jail repeat after me — I AM FREE (you dumb fuck)

        • Rob

          Then feel freel to Leave Hunter !! By all means go find a better place too live !!! Please !!
          Your abundance of over lacking knowledge is boring !!
          Your one of those that complain about the american system, but upet suck it dry for all you can get ! You offer nothing but boo hoo’s so that shows that your a RUSSIAN internet troll ,
          If your a ” American ” please go live in Russia !!!!!

          • Hunter

            i have lived in russia and i trained there and i do live in a better place and i do more than complain about i am going to smile after your ass get handed to you onces more hear have a look

            http://tinyurl.com/http-wereyourgoing-com

          • Rob

            Lol yep !!! Internet troll :))))

          • Hunter
          • James Leonard

            Then I guess you would have advised the founders of America, who didn’t like the way Britain was running the colonies, to get out of America and leave things as they were. Do you really believe that?

            Taxes without representation, no voice in government – that’s OK, in your opinion or do people have a right to resist? This is why eastern Ukrainians refuse to be ruled by Kiev.

          • Nexusfast123

            More deluded rubbish. Have a read of what the CIA have been up to. Makes you proud does it? Washington is runs fascist state and is a threat to not only the rest of the world but also the American people.

      • Nexusfast123

        Russia has more then enough nukes to obliterate the US. Washington has no understanding of the Russian people and they are playing dangerous games with all our lives. Perhaps you should consider this before your write such puerile rubbish.

    • Nexusfast123

      Don’t care for you view and opinion. The conflict in the Ukraine is now a civil war between Ukrainians. Granted there will be Russians that have crossed the border but there will be CIA resources supporting Kiev. At the moment Ukrainians are killing fellow Ukrainians. The rebels as part of the former Ukrainian army were heavily armed at the outset.

      There is NO evidence of Russian military involvement. If Russia had moved units across the border Washington would have plastered satellite pictures all over the pointless main stream media. There are none.

  • S Giesea

    War Criminal Support. Just like supporting the Terrorist in Libya – Syria.
    The good old 1% Rich Middle Eastern Countries need more help.
    They need more immigrants to build the Desert Kingdom.

    So let me sum up a few years of Western Foreign Policy.

    Libya is essential to understand the dynamics. Libya was an illegal farce conducted by Southern Europe and innocent Noble Peace Sweden.
    Secure oil for S. Europe before you mess at Russia’s Border.

    After Libya we all know what the Neo-Cons did with providing support to bad guys to take out the Eye Surgeon Assad. In which created ISIS. By the handi work of Turkey Saudi Quater ………. So they go across the border and get medical help from Israel.

    Now, Europe needs gas. They screwed up the South Stream Deal and only can can’t on shipping gas through Syria to get to the EU. If they accomplish this, Russia is not needed. But Assad has prevented that hence the reasoning to rid Assad.

    So Turkey and the 1% Countries in the ME along with Rogue Neo-Con Factions in the US (Nuland) (McCain) have created and orchestrated this embarressment.

    Nato is a sinking War Criminal Ship that needs a cold war to stay in buss.
    Every European Country makes its own weapons at a 1/4 of the price and don’t need the provocation.

    Taking back the gold to quit the EU and leave America left alone in the War Criminal History books.

    Thanks you complacent fools. The only thing an American has left to do is hope for a Real Justice System and express myself “Freedom of Speech” while we have it.
    Sad day.
    The real criminals of 911 need laws to protect them. Get the Dockets warmed up cause there are traitors Within!

  • James Leonard

    And to think it was Russia that offered Ukraine $15 billion with no strings attached plus cheap discounted gas and oil and Ukraine told Russia to jump in a lake.

    • Nexusfast123

      Ukrainians will rue the day they turned down Russia’s offer that would have maintained Ukraine’s national borders and continued the revenue from the lease arrangement with Russia for the Crimea bases. Would not surprise me if the Ukrainians rise up.against the Nazis in Kiev. All they are doing now is killing fellow Ukrainians in the East of the country.

  • Arizona

    AND heres the NEWS they won’t tell you,GOD said, I will now give you up to your enemies,and I will require TWO drops of blood for every drop you have spilled around the world in your BOGAS WARS,and everything you own will be taken,including your children into captivity by the invading nations you have tried to murder,they will have no mercy on you ,like you had no mercy on them…..BE CLOSE to the LORD,your all leaving soon at the hands of your own government and that of THE RUSSIANS and CHINESE,you have been sold out,and no one cares right now,but you will soon……….

    • Nexusfast123

      There is always troll and a religious wally.How is the imaginary man in the sky? Had any chats recently?

  • Hunter

    i feel so sorry for some humans out there if you truly believe the crap
    that comes out the Americans media mouth or your dead shit government ok
    Russia goes to Ukraine ok thats bad how many millions of humans has
    your bloody government killed hmm the Korean war, Venetian war, Iraq
    war, Afghanistan war bloody idiots there a few things all these wars
    have in common 1. you fucks trained and funded one of the sides before
    deceled war on the country then bombed the shit out of them and your
    troops raped and pillaged the county 3. you lost all of them and you
    fucks are to weak to stand in front of your government to say no more
    lets have a look at the numbers 2 million persons in Vietnam died (both
    North and South) the Korean war 1,577,0000+ the golf war 50000+ the
    second time they were invaded
    500,00+ Afghanistan 18,000 – 20,000
    but your government will never tell the real numbers becourses they like
    to play moral authority yet torture ,rape and kill humans all over
    the world so if you do the numbers your fucken goverment is responsible
    more deaths than Hitler and pol pot combined becoures lets not forget
    were pol pot got his guns, the usa is about to get us all bloody killed
    your government is solely responsible not the jews or anyone ells have
    any one read Treaty of Brest-Litovsk. ukraine is a part of Russia. think
    about it like this what would your govermnet do if hawaii wonted its
    independents hmm lets look at your history hmm invade install new
    goverment go back in 5 years and bomb them again i hope you fucks get
    NUKED o wait your the only country that has ever used nukes on a bloody
    city so go mach on your wight house and protest and after the police
    beat the shit out of you and your in jail repeat after me — I AM FREE

  • Dennis Richmond

    First of all it’s NOT Ukraine that is behind this !!! It is the U.S. C.I.A. that is behind this !!! We did NOT get dragged in to this !!! We DRAGGED them into this !!! Trying to bring down Russia’s economy !!! Because they are NOT going to use the Dollar any more a long with China and as many Countries as they can get to join them. And that will KILL the Dollar as the World currency !!!

    • Nexusfast123

      Stand by for a global conflict brought to you by the idiots in Washington. They have murdered hundreds of thousands so they don’t care how many die in the Ukraine.

  • Rob

    Were not alone !! We’re happy too support Ukraine!!
    Hummmmm. RUSSIAN ruble is now worthless!! UKRAINIAN money is worth more he he he he

  • Nexusfast123

    Another screwed up and asset stripped country brought to you by Washington. Maybe also WW3 as they continue to antagonize the Russians.