Ukraine will continue its negotiations with the International Monetary Fund (IMF) after the country draws up the 2016 draft national budget and draft tax reform and hands both drafts over to IMF experts for study, Deputy Finance Minister of Ukraine Ihor Umansky told reporters.

"As soon as we define our policy for the Tax Code and the budget, and hand them over to the IMF, they will study them and we will resume the negotiations," he said.

Umansky added that the IMF technical mission has already arrived in Ukraine.