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IMF holds constructive dialogue with Ukraine on new program, - Rice

Source : 112 Ukraine

The Fund's representative noted it is expected that Ukraine would fulfill the preliminary measures that the sides agreed on earlier
19:53, 13 February 2020

Jerry Rice
Open source

The International Monetary Fund (IMF) notes the progress of Ukraine in holding of the reforms. It also expects the fulfillment of the approved preliminary measures for the final agreement of the new three-year EFF program for $5.5 billion by board of directors as IMF Representative Gerry Rice stated.

“A very active dialogue takes place now. The constructive discussions continue,” Rice said.

However, the IMF representative found it difficult to announce a possible date of consideration of the Ukrainian issue by board of directors.

Related: Ukraine's National Bank expects signing of new program with IMF soon

As we reported, the EU will assign the second tranche of macro-financial aid after the Ukrainian side lives up to the IMF conditions.

Earlier, Ukraine’s Finance Minister stated that Ukraine may stop cooperation with the International Monetary Fund after the fulfillment of new three-year program, which is currently discussed.

 

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