IMF to consider granting Ukraine tranche Sept 14

10:46, 08.09.2016 1 min read

The International Monetary Fund (IMF) will consider the issue of granting Ukraine the next tranche on September 14.

"As a result of my conversation with Christine Lagarde, the International Monetary Fund has formally put consideration of providing the next tranche to Ukraine on the agenda of a meeting scheduled for September 14," President of Ukraine Petro Poroshenko wrote on Facebook page.

"I look forward to a positive decision," the head of state said.

According to information on the IMF's website, Ukraine's issue has really been included in the agenda of the Executive Board meeting scheduled for September 14 after the annual consultations with the Philippine authorities within the fourth article of the fund statute (collection and discussion of the country's economic and financial information).

The publication states in addition to the second revision of the Extended Fund Facility program, the IMF will also consider the Ukrainian authorities' requests for waivers of non-observance of performance criteria and re-phasing of access, ex-post evaluation of exceptional access under the 2014 Stand-By Arrangement.