14:29 01.07.2015

Ukraine fulfils virtually all IMF requirements for 2nd tranche under EFF – NBU vice governor

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Ukraine fulfils virtually all IMF requirements for 2nd tranche under EFF – NBU vice governor

Ukraine has fulfilled virtually every requirement of the International Monetary Fund (IMF) for the second tranche under the Extended Fund Facility (EFF) program, according to Vice Governor of the National Bank of Ukraine (NBU) Dmytro Solohub.

"We're glad to see further financial stabilization. We're glad that Ukraine has fulfilled almost all the requirements of the International Monetary Fund, and there will be a meeting of the IMF Executive Board very soon," he said at a press conference on Wednesday.

According to him, Ukraine is meeting its obligations to international donors, and the reforms stipulated in the EFF are being implemented.

As reported, Finance Minister Natalie Jaresko said in the middle of June that she was expecting a decision from the IMF on the allocation of $1.7 billion in the second tranche under the EFF in the middle of July.

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