18:29 12.09.2017

IMF mission likely to arrive to Kyiv in second half of Sept

The mission of the International Monetary Fund (IMF) is likely to arrive in Kyiv in the second half of September, Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has said.

"The [IMF] mission is likely to arrive in the second half of September. They would arrive to review the EFF [Extended Fund Facility]," she told reporters at an international conference on the protection of the rights of consumers of financial services in Kyiv.

The further steps of the IMF regarding the provision of a new tranche to Ukraine will depend on the speed of processing the results of the mission work, arrangements with authorities and the date when they are ready to consider the issue by the Board of Directors, Rozhkova said.

She also said that along with the mission, the NBU board intends to meet First Deputy IMF Head David Lipton.

"We plan to have a meeting of Lipton and NBU top managers. We have fulfilled everything under the program [EFF]… It is unlikely that the absence of the NBU governor would be an obstacle to the program. We are ready to this meeting and waiting for it," she said.

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