The Deputy head of the IMF decided to personally visit Ukraine

First Deputy managing Director, International monetary Fund (IMF) David Lipton will be in Kiev on an official visit on September 12-14.

In addition, the Fund confirmed the arrival in Ukraine in September of the IMF mission for the fourth review of the EFF, noting that the period of the mission’s work in Kiev is not yet approved.

Informed about the visit of the IMF mission in Ukraine reported, citing unnamed sources. It was noted that the Fund’s mission would arrive in Kyiv on September 12.

As reported, Ukraine resumed cooperation with the IMF four-year extended funding $ 17.5 billion. in 2015 – after more than a year break. The EFF program was replaced by stand-by program launched in 2014.

Recall, the IMF approved a four-year program of crediting Ukraine’s economy EFF 17.5 billion. in March of 2015. In this programme, our country has received from Fund of four loan tranches in the total amount of 8.7 billion dollars.

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According to the results of the third review of the EFF, the international monetary Fund called on Ukrainian authorities to achieve more rapid and sustainable growth to accelerate structural reforms, starting with privatization and market development of agricultural lands, and noted the lack of concrete results in the fight against corruption.

As reported, despite the fact that land reform IMF officials were allowed to push for the end of the year, is still actual changes in the pension system, privatization and fight against corruption. Today” has learned when and how are we going to give the IMF money, and how it will affect the hryvnia exchange rate.

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