IMF Board could approve next tranche to Ukraine in June

14:20, 17.05.2016 1 min read

The Executive Board of the International Monetary Fund (IMF) could discuss continuation of cooperation with Ukraine under the Extended Fund Facility (EFF) program in June, Deputy Finance Minister of Ukraine Yuriy Butsa has said.

"We are obliged to fulfill all preliminary conditions in June. We hope that in June, when Ukraine fulfills all liabilities, a meeting of the IMF Board will be held at once and the positive decision would be made," he told Interfax-Ukraine.

Butsa said the IMF mission would finish its work on May 18 as planned.

"We do not have problematic and uncoordinated issues to extend the work of the mission. The essence of the mission work is negotiation of the draft memorandum. Today we will verify the contents of document once again," he said.

"I hope the IMF mission will return to Washington with clear understanding that the Ukrainian government will implement all the steps which were agreed earlier and during this visit," he said.