The issue of the tranche for Ukraine again missing from the agenda of the IMF

The question of further financing of Ukraine is not in the agenda of the meetings of the Board of Directors of the International monetary Fund, which are scheduled till 3 Feb 2017.

This is stated on the IMF website.

The already established agenda of the Board of Directors of the IMF were not made a matter of assessing the reforms undertaken by Ukraine within the framework of the cooperation program with the IMF.

For example, the schedule of meetings of the Board drawn up before 3 February, however, the «Ukrainian question» above. At the end of January and beginning of February, the IMF is scheduled to review cooperation with Indonesia, Myanmar, Kenya, Spain, Somalia, Australia and Laos.

Earlier, Finance Minister Alexander Danilyuk said he expects the next tranche from the IMF in early February.

The President of Ukraine Petro Poroshenko in an interview with Bloomberg in Davos, said that Ukraine expects to receive a tranche of the IMF in the coming weeks, because by the end of 2016, our country has fulfilled all the conditions from the previous Memorandum with the IMF.

In turn, the Prime Minister Volodymyr Groysman noted that Ukraine continues negotiations with the IMF.

As reported, Ukraine resumed cooperation with the IMF on a four-year program of expanded financing (EFF) in the amount of 17.5 billion dollars in September 2016 after more than a year break. Under this program, our country received three loan tranches with a total volume of 7.62 billion dollars.

The Ministry of Finance expects that the Board of Directors meeting on Ukraine will take place in late January. The Fund noted that the exact date of meeting is not, however, the Board of Directors will meet to discuss the reform program with Ukraine «in the coming weeks.»

The issue of the tranche for Ukraine again missing from the agenda of the IMF 25.01.2017

Январь 25th, 2017 by
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