Ukraine feels no urgent need for IMF loans - Prime Minister Azarov

KIEV, June 11 (Itar-Tass) -- Ukraine does not experience an urgent
need to borrow from the International Monetary Fund, Prime Minister
Nikolai Azarov said on the first national TV channel on Friday evening.
"On the treasury accounts there are 2 billion dollars and nearly 35
billion hryvnias (almost 4 billion dollars). Therefore, there is no urgent
need for IMF loans," he said.
Earlier this week Azarov also stated that Kiev was able to pay the
foreign debt without IMF loans.
"We proceed from the changed situation: we have enough resources to
meet the external obligations on our own," said the head of government.
"We appreciate the cooperation with the IMF."
At the same time, according to the prime minister, at talks with the
IMF Ukraine proposed for refraining from a sharp rise in energy tariffs.
"We can smoothly address the issues of tariffs, so as not to trigger
inflation, which is a very serious problem to us," said Azarov.
He added that the relevant issue in the dialogue with the IMF was the
pension reform. The prime minister said that per 13.5 million pensioners
in the country there were 14 million of the economically active population.
"This makes us think about what funding sources there will be in a few
years, but the approach to the pension reform must be flexible," Azarov
said.