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IMF phrases 4 demands for next tranche to Ukraine
18:47, 3 November 2017
IMF phrases 4 demands for next tranche to Ukraine

Ukraine has already fulfilled its EFF program by 2/3 and received $12.5 billion

18:47, 3 November 2017

Open source

The International Monetary Fund named the necessary requirements for Ukraine to receive its new tranche under the EFF program, according to Ukrainian News

The IMF’s Ukraine representative Goesta Ljungman said that a sustainable pension reform, privatization legislation, and a previously agreed domestic gas price adjustment are the goals Ukraine must meet to qualify for a long-delayed next tranche of loans from the program. Another demand is the creation of anti-corruption courts.

As to the land reform, that’s to lift the ban on sales of agricultural land, it has been postponed until 2018 so that there’s enough time for the comprehensive developing.

Related: National Bank of Ukraine expects another IMF tranche in first quarter of 2018

Related: Ukraine to hold negotiations with IMF on natural gas price

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