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IMF to not insist on land reform in Ukraine for another loan
19:06, 13 July 2017
IMF to not insist on land reform in Ukraine for another loan

Kyiv expects to get almost 2 billion of dollars in loan from the Fund this autumn

19:06, 13 July 2017

112 Agency

The Ukrainian parliament does not necessarily need to approve the legal framework regarding the land reform in order to get one another EFF loan from the International Monetary Fund. UNN news agency reported that with a reference to a source in the IMF.

‘The IMF will not insist on approving the land reform to allocate the next tranche,’ the source said.

Previously, Ukraine’s Prime Minister Volodymyr Groysman said he would negotiate with the Fund about an opportunity to remove the land reform from the list of conditions necessary to assign the next loan for Ukraine.   

The government expects to get almost 2 billion of dollars in loan from the Fund this autumn.

Related: Groysman stands for startup of IMF cooperation program

Related: IMF ready to exclude land reform from conditions of tranche allocation

Related: Ukraine expects IMF credit tranche in autumn

Related: Groysman: IMF next tranche postponed until late 2017

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