23:14 17.12.2008

Head of IMF's Resident Representative Office in Ukraine to change his job

Resident Representative of the International Monetary Fund (IMF) in Ukraine Balázs Horváth is going to leave his office, a well informed source at the IMF told Interfax-Ukraine.

"Now he [Balázs Horváth] is away on holiday, but he plans to change his job and start to work for the UN office in Slovakia. His resignation has nothing to do with the [current] developments in Ukraine," the source said.

Horváth has been working in Ukraine since September 2007.

In November 2008, the IMF approved a stand-by loan program for Ukraine to the tune of SDR 11 billion, or $16.5 billion. The National Bank of Ukraine has already received SDR 3 billion of the amount.

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