Ukraine may receive IMF tranche if 2017 budget is passed in the near future, Deputy Governor of NBU

Source : 112 Ukraine

“Without the IMF program, alas, Ukraine could not last long,” Churiy claimed
21:49, 18 November 2016

Ukraine has good chances to receive the next tranche of the International Monetary Fund (IMF) in case of the adoption of the state budget for 2017 in the near future. This was announced by the Deputy Governor of the National Bank of Ukraine Oleg Churiy in "Evening prime" on "112 Ukraine” TV Channel.

"Ukraine has good chance of receiving the next tranche. At this time, the risks of not getting the tranche are narrowing. The reason for this is the end of the year and there is not a lot of time. And in order to make a decision regarding the allocation of the IMF tranche to Ukraine, there must be a meeting of the Council. There is a fair chance. This mainly depends on Ukraine, on the ability to adopt the budget quickly in accordance with the requirements which are reflected in the program. This is why I think, that in case of adoption of the budget in the near future, we have a good chance to get it,"- Churiy said.

Speaking about the situation, when Ukraine does not get the tranche, Deputy Governor of NBU said: “Ukraine can go without the tranche some time. But without the IMF program, alas, Ukraine could not last long.”

Related: National Bank supports IMF’s call for further structural reforms in Ukraine, - Hontareva

Related: National Bank: Ukraine might not get another IMF loan by late 2016

Related: Protests near the National bank

Система Orphus

If you find an error, highlight the desired text and press Ctrl + Enter, to tell about it

see more