Economy 2022-07-15T08:02:04+03:00
Ukrainian news
IMF Wants To See Progress In Ukraine's Reforms Before Giving Next Tranche

IMF Wants To See Progress In Ukraine's Reforms Before Giving Next Tranche

HELP UKRAINIAN NEWS
IMF, tranche, reforms, EFF, David Lipton

The International Monetary Fund hopes Ukraine will implement reforms required for the next tranche within the Extended Fund Facility program.

IMF First Deputy Managing Director David Lipton said this in an interview with the Ekonomichna Pravda, Ukrainian News Agency reports.

"Any forecasts on the issue (the next tranche) would be premature. We must see reforms required for this revision of the program in place," he said.

He says the pension reform is in the focus of the attention, as well as measures to accelerate privatization and results in fighting corruption.

As Ukrainian News Agency earlier reported, IMF's First Deputy Managing Director David Lipton visited Ukraine on September 12.

The IMF approved an Extended Fund Facility (EFF) loan program worth a total of USD 17.5 billion over a period of four years for Ukraine on March 11, 2015.

Ukraine received the first tranche of USD 5 billion in March 2015, the second tranche of USD 1.7 billion in August 2015, the third tranche of USD 1 billion in September 2016, the fourth tranche of USD 1 billion in April 2017.

The Finance Ministry expects Ukraine to receive two more tranches of the EFF loan this year.

The National Bank of Ukraine expects one tranche for USD 1.9 billion from the IMF before the end of 2017.

Больше новостей о: IMF tranche reforms EFF David Lipton




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