© Collage: Voice of Russia, Petr Simonenko
What is the best way to ruin a country? Let the IMF handle its economy. What is the fastest way to ruin a country? Let the IMF sponsor a civil war in it. Ukraine's junta has chosen both options. According to the calculations made by Prime Minister Yatseniuk, Ukraine requires more than $35 billion to last through this year.
However, the IMF offered only half of the needed sum and forced Kiev to adopt draconian austerity measures for every type of expenses, except the ones required for its punitive operations against the rebels of the Donbass region. True to its well known modus operandi, the Washington-based lender transferred only $3 billion to Ukraine.
Sadly, the Fund also included in its documents a scandalous provision which states that the next tranches of the bailout program will be "reconsidered" if Kiev fails to retain control of the eastern regions of the country. Basically, the IMF put a price on the heads of the citizens of the breakaway republics of Lugansk and Donetsk and its offer to Kiev boils down to "if don't you subdue the rebels, we won't give you $11 billion." Probably, Washington-based financiers believed that such an arrangement will help the junta crush the rebellion. The plan backfired, because junta's punitive actions led to a massive blowback. The "rebel armies" of Donetsk and Lugansk now have the overwhelming support of the locals who are being constantly threatened by the Ukrainian army and various paramilitary neo-nazi organizations . However, the people of the breakaway regions are not the only victims of the IMF-imposed policies.
Petr Simonenko, the leader of the Communist Party of Ukraine, believes that Ukraine will face food riots in the near future:
"The East of the country produces 30% of Ukraine's GDP. Because there are no payments made to the central budget, I foresee that in autumn there will be very serious riots everywhere in Ukraine. There will be no funds to solve the issues of social policies. There will be no funds for social payments," he told the press at an ad-hoc conference at the Ukrainian Parliament. Simonenko stressed that his past forecasts proved to be correct. Last year, he warned Pat Cox, former European Parliament President, and Aleksander Kwasniewski, former President of Poland who were sent to Ukraine by the European Union, that the irresponsible actions of the West in Ukraine will lead to bloodshed. Simonenko believes that there is even more bloodshed ahead, because there have been a lot of weapons distributed indiscriminately by the junta and those weapons will be used during the upcoming food riots. The mainstream media will surely blame Russia for this, but the real culprits are to be found in Brussels and on the IMF's board of directors. The only positive aspect of Ukraine's ordeal is that it may serve as a warning for other countries that are considering dealing with the Fund.