Ukraine has signed a Memorandum of cooperation with the International monetary Fund (IMF). On Saturday, March 4, reports TASS with reference to press Secretary of the Ukrainian Ministry of Finance Valeriy Melnichuk.
“Yes, I confirm the signing of the Memorandum,” she said.
“We reached an agreement with IMF on revision of cooperation program and the removal of a question on allocation of next tranche to the Board of Directors of the Fund. This is the result of Ukraine agreed with the IMF reform program and the joint coordinated work of the President, the government and the National Bank”, — wrote on his page in Facebook the Minister of Finance of Ukraine Oleksandr danylyuk.
Earlier on 4 March, the IMF issued a statement of the head of the IMF mission in Ukraine, Ron van Roden, an agreement with Kiev on the third revision of the program of the extended financing facility. It was also reported that this opens up the possibility to discuss the allocation of Ukraine tranche in the amount of $ 1 billion in the second half of March.
As reported March 1, a member of the Board of the National Bank of Ukraine (NBU), Fuhrman said that Kiev expects next tranche of the IMF in March. He also urged MPs, members of the government and the NBU to think about how to attract these financial injections into the banking system of the country.
At the end of 2016, the IMF transferred to Ukraine the second tranche of financial aid from the European Union in the amount of 55 million euros.
In September, the Fund’s Board of Directors decided to allocate $ 1 billion within the four-year assistance programs totaling more than $ 17 billion.