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Finance Ministry: IMF mission extends visit to Ukraine until weekend
10.07.2014 17:36 "Agro Perspectiva" (Kyiv) —
A mission of the International Monetary Fund in Ukraine on the first revision of the stand-by loan program will work in Kyiv till weekend, NRCU says referring to the Ukrainian
Finance Ministry report.
«The constructive dialogue between the IMF delegation and Ukrainian government members continues,» the Ministry told on Thursday.
As to the earlier report, the IMF Executive Board on April 30 had approved a two-year Stand-By Arrangement for Ukraine worth about 17 billion U.S. dollars. Early in May, the IMF had transferred the first tranche of about 3.2 billion dollars.
The second-to-fourth disbursements scheduled for July, September, and December, will total about 1 billion dollars each, while the next quarterly disbursements of 2015 will be around 1.4 billion each. The last, ninth disbursement will be provided in mid-March 2016 if the terms and conditions stipulated in the program are observed.
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