IMF mission to return to Ukraine after January 12 – source

14:37, 01.12.2014 1 min read

An International Monetary Fund (IMF) is to return to Ukraine after January 12, 2015.

Ukrainian bankers were informed about this at a meeting at the National Bank of Ukraine (NBU) on Monday, a source in the financial sector told Interfax-Ukraine.

"The IMF mission has completed work and will return to Ukraine after January 12. Hopes to get IMF [loan] tranches by the end of the year haven't come true because a new [Ukrainian] government hasn't been formed yet," the source told Interfax-Ukraine.

The NBU expects that Ukraine's gold and forex reserves will continue shrinking due to agreements on prepayment for Russian natural gas, the source said.

According to the source, NBU Governor Valeriya Gontareva is preparing to report in parliament in connection with a draft resolution, registered in the parliament, which calls on Ukrainian President Petro Poroshenko to dismiss her.