Ukraine expects IMF’s decision on the next credit tranche by June: Finance Ministry

Source : 112 Ukraine

Text of the IMF Memorandum will be verified once more today
13:54, 17 May 2016

Decision on further cooperation with Ukraine on EFF program will be made by the Board of Directors of the International Monetary Fund (IMF) by June, Deputy Minister of Finance Yuriy Butsa informed in an interview to “Interfax-Ukraina”.

“We pledge to fulfill all preliminary conditions by June. We hope, the Fund will make a positive decision in June after Ukraine fulfills all its obligations”, - Deputy Minister said.

Butsa confirmed, that IMF intends to finish work in Ukraine on May 18: “We have no problematic issues, which would make the IMF Mission stay longer. The Mission intended to discuss the text of the Memorandum. Today, we will verify the text once more. I hope, the Mission will return to Washington with a clear understanding, that Ukraine’ government intends to fulfill obligations it had committed to”.

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Related: Moody’s: Ukraine likely to receive IMF's USD 1.7 billion tranche before mid-year

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