NBU waiting for arrival of IMF mission for third revision of EFF program soon

15:50, 15.09.2016 1 min read

The mission of the International Monetary Fund (IMF) for the third revision of the Extended Fund Facility (EFF) program could arrive in Kyiv soon, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.

"We hope that they will arrive soon," she said at a press conference on Thursday.

Gontareva confirmed that the new tranche that the IMF could provide by the end of this year will be $1.3 billion.

Among the important conditions for the successful revision of the program is the balanced 2017 budget, continuation of capitalization of the banking sector, transfer of some powers from the national commission for financial service markets regulation to the NBU and the National Commission for Securities and the Stock Market, she said.