Ukraine, IMF agree memorandum of economic and financial policies

09:45, 20.05.2016 1 min read

Ukraine and the International Monetary Fund (IMF) have agreed the new memorandum of economic and financial policies, Ukrainian Finance Minister Oleksandr Danyliuk has told reporters.

"We have the agreed memorandum. It will be published after signing," he said in Kyiv on Thursday.

The minister confirmed that the pension reform is pivotal of the agreements with the IMF. He did not provide information whether the memo implies the increase of the pension age.

Danyliuk said that the IMF's decision to provide a new tranche to Ukraine is expected in late June or early July.