Ukraine did not take on additional commitments for the next tranche of the International monetary Fund (IMF) in the amount of $ 1 billion that can be allocated after a meeting of the IMF Board of Directors on 20 March. This was stated by Prime Minister Vladimir Groisman.
According to him, the tranche will be provided in accordance with completed by March 2017 conditions.
“I hear a lot of hysteria around our cooperation with the International monetary Fund… But you should know that the next tranche is allocated when the previous steps have been completed. That is actually one tranche, which we can obtain after a meeting of the Board of Directors of the International monetary Fund, which will occur on March 20 is the marker of completed action as of March 2017,” – said Groisman.
We will remind, Ukraine a few days ago agreed on the final version of the Memorandum of cooperation with the IMF. As a result, the government expects to receive next loan tranche of one billion dollars.
As previously explained Danilyuk, the Ukrainian government will publish the text of the updated Memorandum of cooperation after the text manifests the Foundation itself.
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.