Poroshenko announces meeting with IMF in Switzerland to obtain third tranche under EFF program

18:28, 14.01.2016 1 min read

The adoption of the national budget for 2016 and the package of tax and budgetary laws have made Ukraine closer to obtaining the third tranche from the International Monetary Fund (IMF) under the EFF program, however additional negotiations are still required, President of Ukraine Petro Poroshenko has stated.

"Almost certainly this will require my participation," the president said at a press conference in Kyiv.

He said that the updated memorandum on the EFF program will be finalized in the near future and a meeting with the IMF representatives will be held in Switzerland.

Poroshenko stressed that the IMF financial assistance is crucial for Ukraine.

As reported, Poroshenko plans next week to attend the World Economic Forum in Davos (Switzerland).