The IMF mission has started reviewing the monitoring program in Ukraine
The International Monetary Fund has started work in Ukraine to prepare for the review of the monitoring program.
This was reported by the IMF press service with reference to the statement of the Fund’s permanent representative to Ukraine Vahram Stepanyan.
“The IMF mission headed by Gavin Gray is starting discussions today with representatives of the Ukrainian authorities in order to prepare for the review of the Monitoring Program with the participation of the Board of Directors,” Stepanyan said.
At the end of December, the management of the IMF approved A monitoring program with the involvement of the Fund Council for Ukraine, which will last 4 months and will become a prerequisite for the new IMF financing program.
According to Bloomberg, the IMF can approve a new credit program for three to four years by the end of March. In general, the program will be calculated for 14-16 billion dollars, of which Ukraine can receive 5-7 billion dollars in the first year.
Read also: Ukraine wants to receive another 16 billion dollars from the IMF. Will there be a new program?
We remind you:
The Cabinet of Ministers of Ukraine published a letter of intent and a memorandum of cooperation with the International Monetary Fund, which set out structural beacons a new program with the IMF.
