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Ukraine: mission of International Monetary Fund in September

The government is preparing for the receipt of the fifth tranche

28 August, 10:44
(ANSA) - UDINE, 28 AGO - "Ukraine authorities are looking forward to the upcoming visit of the IMF mission in Kyiv in September 6-19 to discuss recent economic developments and policies as well as next steps," a Finance Ministry report reads.

As Ukrinform reported, the Cabinet of Ministers authorized First Deputy Finance Minister Oksana Markarova to sign bills in the national currency in favor of the International Monetary Fund, Ukrinform reported. Thus, the government is preparing for the receipt of the fifth tranche of the IMF's macro-financial assistance.

In March 2015, the IMF approved a program of lending to the Ukrainian economy with the introduction of the Extended Fund Facility (EFF) for a total amount of $17.5 billion for a period of four years. Ukraine received the first tranche of $5 billion in March 2015, the second ($1.7 billion) in August 2015, the third ($1 billion) in September 2016, and the fourth ($1 billion) in April 2017. (ANSA).

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