IMF Mission to work in Ukraine on May 10-18

Source : 112 Ukraine

The Mission will continue to discuss at political level the second revision of EFF program
11:06, 5 May 2016

The Mission of the International Monetary Fund will work in Ukraine from May 10 till May 18, IMF representative in Ukraine Jerome Vacher stated, reports press service of the Fund.

“IMF Mission chaired by Ron van Ruden is going to work in Kyiv in the period from May 10 till May 18. The Mission is going to discuss with Ukrainian authorities the second revision of EFF program”, - Vacher stated.

Earlier, European Commissioner for Neighborhood Policy and Enlargement Negotiations Johannes Hahn stated, that the Cabinet of Ministers of Ukraine must further cooperation with IMF in order to receive the second tranche from the EU in the amount of €600 million. The IMF also stated, that it doesn’t consider the possibility of suspension of cooperation with Ukraine and is ready to collaborate with the new government of Ukraine chaired by Volodymyr Groysman.

The IMF Board of Directors plans to appraise how Ukraine meets the updated credit regulations during the second revision of EFF program.

Related: IMF approves boost in gas prices for Ukrainians

Related: Why Ukraine needs IMF more than the IMF needs Ukraine?

Related: Hahn: “Government must further cooperation with IMF in order to receive €600 million tranche from EU”

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