The talks with the International Monetary Fund (IMF) take place at the highest level and Ukraine expects to sign the program until the end of May as 112 Ukraine TV channel reported citing Prime Minister Denys Shmygal.
Shmygal noted that the talks are held at the level of the president and PM of Ukraine and IMF Head Kristalina Georgieva.
“The talks are complicated; the issue is about big money for Ukraine, moreover, during the crisis. The issue is about the mutual trust. And today, we are at the stage, which is close to the signing of the memorandum and receiving of the first tranche as it was agreed; it will allow us to avoid financial issues,” the PM said.
Shmygal expressed hope that the agreement will be signed until the end of May and the first tranche will be received.
As we reported, the Verkhovna Rada of Ukraine adopted the bill #2571-d, which finally bans the return of nationalized banks to previous owners. The law permanently prohibits the return of nationalized banks to the former owners, prohibits the return of bankrupt banks, whose owners have succeeded in canceling the resolution of the National Bank on their insolvency through the courts, to the market.