: IMF loan tranche for Ukraine delayed

14:33 Jul. 20, 2016

IMF loan tranche for Ukraine delayed

The International Monetary and Financial Committee (IMFC) logo is seen at an IFMC meeting during the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington, D.C., U.S., on Saturday, April 20, 2013. (Getty Images)

Ukrainian question is no longer on the agenda of IMF upcoming meetings

The Executive Board of the International Monetary Fund (IMF), Ukraine's key creditor, has not included the Ukrainian issue on the agenda of its upcoming meetings scheduled until July 29 (inclusive).

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It is reported that the IMF's executive directors will review the economic situation in 10 countries, including China, Ireland, Korea and the United Arab Emirates, as well as Afghanistan and several African countries. Ukraine, however, is not included in the list.

Earlier, IMF Chief Spokesman Gerry Rice stated that the meetings of the IMF's executive directors will resume only in late August-early September, following the traditional three-week vacation. According to Rice, the Ukrainian issue, which involves the second review of the cooperation program, approved in March 2015, may take place in September.

Read also Poroshenko discusses next IMF tranche with Lagrade

At the same time, Ukrainian Prime Minister Volodymyr Groysman argued that the country had fulfilled all the key requirements of the reform program, concerning both the government and the parliament, and expected the disbursement of the third tranche, worth USD 1 billion, by the IMF.

Reporting by UNIAN




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