The delegation headed by the governor of the National Bank of Ukraine Sergiy Arbuzov included: Ihor Kaletnik, head of the State Customs Service; Oleksandr Klymenko, head of the State Tax Service; Yuriy Kolobov, minister of finance; Mykola Prysyazhnyuk, minister of Agrarian Policy and Food; and Eduard Stavytskyi, minister of ecology and natural resources.
The delegation had meetings with the International Monetary Fund representatives, but it remains unclear if the new financing will become available for Ukraine after the parliamentary election this fall.
Since the Ukrainian economy is in decline and trade imbalance is only growing Ukraine desperately needs IMF loan. And the Ukrainian government seems to be ready to meet the IMF demand of increasing prices of gas for domestic consumption- if only that increase comes after rather than before the elections. Arbuzov told journalists he believes Ukraine will manage to unblock IMF frozen loans by the end of 2012 and that government is considering rising gas prices.