Ukraine and the International Monetary Fund are almost done with the negotiations on the next loan from the Fund. Olexandr Danylyuk, Ukraine’s Finance Minister said this at a press conference in Kyiv on Monday.
‘We’re finalizing the talks, only technical issues left to be discussed,’ he said.
The four-years-long EFF program totally worth of 17,11 billion U.S. dollars started working in March 2015. It foresees a number of loans for Ukraine granted by the IMF. The first one, worth of 5 billion dollars was assigned in 2015; another three, USD 1.6 billion each, reached Ukraine by the end of that year. The program envisages cutting the amount of each loan to 600 million dollars in 2016-2018.
Earlier, the Head of Ukraine's National Bank Valeriya Gontareva said she'd expected the next loan in the near future.