The mission of the International Monetary Fund (IMF) this week will arrive in Kyiv to continue the discussion on the possibility of opening a new extended fund facility (EFF) for Ukraine, IMF Resident Representative in Ukraine Goesta Ljungman has said.
The IMF mission headed by Ron van Rooden will start working in Kyiv this Thursday, November 14, 2019, he said in a statement on Tuesday.
As reported, Ukraine is negotiating the possibility of opening a new three year $5-6 billion EFF by the IMF. In September, the IMF mission visited Kyiv, and subsequently announced plans to continue the discussion.
The Ukrainian government and the National Bank of Ukraine hope that a positive decision on the new program will be made in December, which will allow to receive the first tranche before the end of this year.
Advertising
Advertising
MORE ABOUT
Ukraine's Finance Minister holds number of meetings within World Bank-IMF Spring Meetings in Washington
09:28, 16.04.2024
Participants in IMF and World Bank spring meetings to discuss support for Ukraine
20:08, 12.04.2024
Updated memo on EFF with IMF contains 13 steps to deepen infrastructure of financial markets and supervision
20:17, 26.03.2024
Ukraine receives $880 mln from IMF - Shmyhal
12:44, 26.03.2024
In updated EFF arrangement with IMF, Ukraine manages to postpone deadlines of three benchmarks, do without new ones - memo
15:02, 23.03.2024
LATEST
Concorde Capital to carry out large-scale reconstruction of Kyiv bus station
20:54, 24.04.2024
DTEK machine builders complete delivery of 30 transport trolleys for Pavlohradvuhillia
20:24, 24.04.2024
Ukraine receives EUR 1.5 bln in Bridge financing from EU under Ukraine Facility – Ministry of Finance
14:16, 24.04.2024
Ukraine to secure additional EUR 100 mln from Council of Europe for healthcare reconstruction
20:42, 23.04.2024
Ukraine ships over 200,000 tonnes of food aid to African countries through Grain from Ukraine