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Ukraine expects to receive second tranche from IMF this December

Source : 112 Ukraine

The first one was acquired back in July
08:45, 17 September 2020

The Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev
Liga.net

Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev predicts that Ukraine will receive the second tranche from the International Monetary Fund (IMF) in December this year. He stated this on the air of Ukrainian Radio.

Hetmantsev noted that Ukraine had fulfilled most of the structural beacons in order to receive the IMF tranche.

Related: Most Ukrainians oppose cooperation with IMF, - poll

"If we talk about what is happening with the International Monetary Fund now, we were supposed to receive a tranche in September. Obviously, this is not going to happen, but there is hope that our negotiating team will achieve results and we will get it in December," the MP said.

As we reported earlier, IMF spokesman Jerry Rice refused to name the date of the mission's next visit to Ukraine in order to provide the second tranche under the 18-month Stand-By lending program.

"I cannot indicate the date of the mission's arrival after its first review. Negotiations between Ukraine and the IMF are underway," Rice stated during a briefing.

Related: Ukraine’s Finance Ministry expects to receive IMF tranches by end of 2020

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