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Ukraine and the International Monetary Fund (IMF) have managed to reach a compromise on most provisions of a bilateral Memorandum on Ukraine's economic and financial policies, which is being drawn up as part of the next review of the cooperation program, Ukrainian Prime Minister Mykola Azarov said on Monday. "Visiting representatives of the IMF understand the government' s arguments in favor of step-by-step increasing of gas prices for households and gradual implementation of pension reform," Azarov told the press. He also noted that they had praised the Ukrainian cabinet's activities in raising revenues for the state budget and enforcing the memorandum of cooperation in 2010 and early 2011. Read more.