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Ukraine not to receive IMF tranche this year, - official

Source : 112 Ukraine

Adviser to the Head of the President's Office believes that Kyiv will still be able to conclude staff level agreements by the end of the year, which will allow it to attract loans from other structures
08:45, 24 November 2020

Former Economy Minister Tymofiy Mylovanov
focus.ua

Tymofiy Mylovanov, Adviser to the Head of the Office of the President of Ukraine, predicts that Ukraine will not be able to receive loan tranches from the IMF this year. He stated this on the air of ICTV TV channel, RBC Ukraine reports.

"This year, Ukraine does not have time to receive an IMF tranche," said the former economy minister.

At the same time, Mylovanov believes that Kyiv will still be able to conclude staff level agreements by the end of the year, which will allow it to attract loans from other structures for the period of negotiations with the IMF.

Related: Most Ukrainians oppose cooperation with IMF, - poll

As we reported earlier, President of Ukraine Volodymyr Zelensky and Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), discussed Ukraine's fulfillment of its obligations under the stand-by program as well as all the measures taken in order to overcome the constitutional crisis. 

Georgieva, in turn, praised Prime Minister Denys Shmygal's work with the Fund's team. According to her, the overall results made it possible to consolidate relations between the parties at a high level and make significant progress.

Related: Ukraine’s PM holds meeting with IMF representatives

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