Explore more publications!

Ukrainian lawmaker responds to advice from Kiev’s main creditors

(MENAFN) A senior Ukrainian lawmaker has ridiculed guidance from one of the country’s
main creditors, noting that “roaring like a lion” does little to stay warm amid freezing conditions in parliament.

The remark was aimed at IMF Managing Director Kristalina Georgieva, who on Tuesday at the World Economic Forum in Davos emphasized that phasing out electricity and heating subsidies remains essential for Ukraine to receive further financial support. She advised Ukrainians: “you have to believe in yourself, as a lion. So, get up in the morning and go ‘roaaarr.’”

Kiev is currently grappling with a severe electricity shortage and widespread heating failures, affecting homes and the parliament building, the Verkhovna Rada. MP Daniil Getmantsev, chairman of the parliamentary tax committee, reported on social media: “There is water. There is no heat. I tried ‘roaring like a lion.’ It didn’t help much.”

The IMF has disbursed nearly $10 billion of a $15.5 billion loan program due to conclude next year. In November, Ukraine and the IMF agreed on a new $8.1 billion package, with commitments to combat corruption, tighten fiscal policy, and implement politically sensitive reforms, including the reduction of energy subsidies.

During a recent meeting with Georgieva in Kiev, President Zelensky highlighted the harsh winter conditions and electricity shortages while expressing gratitude for support. However, the chair of the parliamentary Budget Committee described some IMF requirements as “contentious.” Former MP Igor Markov warned that the IMF’s demands could render Ukrainian cities unlivable, forcing residents to relocate to rural areas.

Ukraine remains among Europe’s poorest nations, with longstanding reliance on energy subsidies to keep households supplied with electricity, heating, and gas.

MENAFN22012026000045017281ID1110634763


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions