NBU head expects decision on continuation of cooperation with IMF following mission's visit

12:36, 14.09.2018 1 min read

Head of the National Bank of Ukraine Yakiv Smolii positively assesses the course of the negotiations on the possibilities of obtaining the next tranche of financing with the mission of the International Monetary Fund (IMF) that have been held in Kyiv since September 6.

"The negotiations with the IMF are continuing. The mission is finishing its work next week, and we expect a positive decision on continuing cooperation," he told journalists on the sidelines of the 15th YES forum organized by the Victor Pinchuk Foundation in Kyiv.

Asked about the aspects of this cooperation, Smolii noted that the fund's continued financial support for Ukraine remains an important element of it.

"The replenishment of foreign exchange reserves is the key to macro-financial stability," the NBU head said.

As reported, the IMF mission headed by Ron van Rooden began work in Kyiv on September 6 and plans to work until September 19 "to discuss the latest economic events and economic policy."