David Lipton, the IMF First Deputy Administrative Manager came to Kyiv with a visit on Tuesday evening. The Fund’s office reported that the official will stay in the Ukrainian capital until Thursday, September 14.
The loans program for Ukraine was approved by the Fund in late April 2014. In May 2014, the first stand-by loan in the amount of roughly USD 3 billion was transferred.
In March 2015, IMF Board of Directors approved allocation of 17.5 billion U.S. dollars under 4-years-long Extended Fund Facility program – instead of the stand-by program. By now, the country received four tranches from the IMF; the Ukrainian government expects another two by the end of this year.