IMF Mission Scheduled to Visit Ukraine

The International Monetary Fund mission to Ukraine will be in the country for at least two weeks during the end of May into early June


Photo from Ukrinform-UATV


The mission of the International Monetary Fund will arrive in Ukraine on May 21, First Deputy Chairman of the Verkhovna Rada Committee on Financial Policy and Banking, Mykhailo Dovbenko, said during the session of the coordination board of the Verkhovna Rada, the Parliament of Ukraine, on May 13, Radio Svoboda reported.

According to him, IMF experts will work in Ukraine for two weeks.

On December 18, 2018, Ambassador of Ukraine to the United States, Valeriy Chalyi, said that the headquarters of the International Monetary Fund in Washington approved the allocation of financial support to Ukraine for the continuation of the implementation of reforms.

The total volume of the new program is $3.9 billion. According to the report, it should become the basis for the governmental economic policy in 2019 – it is expected that this policy will focus on reducing inflation and tax reforms as well as the financial and energy sectors.

Ukraine received the first tranche of the new program of cooperation with the International Monetary Fund in the amount of about $1.4 billion on December 21, 2018.

Source Radio Svoboda
date 13.05.2019
categories Economics
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