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New tranche from the IMF will be discussed this month, - Adviser on economic issues

Source : 112 Ukraine

During the visit of the IMF mission to Kyi, the issue of providing the next tranche will be discussed at a meeting of the Board of Directors
18:13, 4 September 2021

Open source

Oleh Ustenko, adviser to the president on economic issues, said that Ukraine would raise the issue of receiving new funds from the IMF during the expected visit of the fund's mission to Kyiv this month. He stated this on the air of the Dom TV channel.

“As for the new possible funds that we should receive from the International Monetary Fund, you remember that there was a more than successful conversation between President Zelensky and the Managing Director of the IMF Kristalina Georgieva. An agreement was reached: in September, literally in the coming days, we are expecting a mission in Kyiv", said Ustenko.

Ustenko stressed that Ukraine, in fulfillment of its obligations, strengthens the independence of the National Bank and intensifies efforts in the fight against corruption. The relevant initiatives will soon be considered by the parliament.

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"Also, our parliament plans to vote on two rather important bills, one of which strengthens the independence of the National Bank, which is so necessary for a country where political discussions sometimes go off scale. The second law to be voted in the Verkhovna Rada concerns strengthening our anti-corruption architecture," said Ustenko.

He stressed that Ukraine is fulfilling its obligations, and during the visit of the IMF mission to Kyiv, the issue of providing the next tranche will be submitted to a meeting of the Board of Directors.

"We believe that everything has been done on our part. And the IMF mission will be in Kyiv, and we can bring the issue of Ukraine to the meeting of the Board of Directors. We also expect 600 million euros - what is called macro-financial assistance from the European Union, until September 14 ", said the adviser to the President.

On August 23, Ukraine received assistance from the International Monetary Fund in the amount of $ 2.7 billion.

According to forecasts of experts from the American financial holding J. P. Morgan, the second tranche from the IMF in the amount of $ 3 billion can be provided to Ukraine by the end of 2021.

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