Key creditor of Ukraine – the international monetary Fund (IMF) plans to hold a meeting of the Board of Directors for Ukraine in the near future. This was during the traditional press conference in Washington said the head of the Department for external relations of the IMF Jerry rice.
According to him, the IMF plans to submit to the leadership of the Foundation to not only review the implementation of the current program, the so – called Third revision, but also the report about the economic situation in the country (Article IV), which is a technical document and is compiled for all member countries of the IMF every two years.
“We held discussions with the Ukrainian authorities, we will soon present to the meeting of the Board of Directors consolidated report on the Third review of the EFF program, as well as a report on the economic situation in the country. We believe that the presentation of the report and the meeting of the Council (in Ukraine – Ed.) will be held soon,” said rice.
He noted that the Fund is in “close contact with the authorities” of Ukraine.
“There are technical issues that I can’t name, but they have to be solved. Soon they will be solved. We expect to report in the coming weeks,” otmetil the IMF representative.
As reported, the Board of Directors of the International monetary Fund has no plans in the next week to consider the allocation of Ukraine the fourth credit tranche. This is evidenced by the schedule of meetings is published on the IMF website.
So schedule the next meeting on February 17. Stated that this day held consultations with the government of Malta and post-program monitoring of the economy of Portugal. However, the issue of granting Ukraine a quadruple tranche of the schedule of meetings is missing.
Ukraine and the IMF in March 2015 signed a Memorandum of economic and financial policies which the country should undertake in the framework of the extended Fund (EFF). Just program worked for Ukraine of about $ 17 billion of which have already been allocated 7,7 billion dollars.
So, in September 2016 after a delay of a year, the IMF has approved granting Ukraine the third tranche in the amount of one billion dollars.
The Cabinet of Ministers of Ukraine expects that the size of the fourth tranche of the IMF under the program of expanded financing will amount to 1 billion U.S. dollars.