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IMF resumes work in Ukraine

January 12, 2015, 14:41 UTC+3 KIEV
The IMF will complete its mission in Ukraine by signing documents outlining measures Ukraine should take to receive another IMF aid tranche
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© EPA/JIM LO SCALZO

KIEV, January 12. /TASS/. The International Monetary Fund (IMF) will complete its mission in Ukraine by signing “an updated letter of intentions and a memorandum on economic and financial policy”, Ukraine’s Central Bank press service reported on Monday.

Documents will outline measures Ukraine should take to receive another IMF aid tranche, the bank said.

“The third stage of the IMF European Department’s mission began on January 12 to finalise a second review of Ukraine’s performance… The mission is planned to operate in Kiev until January 29,” the announcement said.

Meanwhile, IMF’s mission and Kiev authorities will continue discussing fiscal policy alongside reforms “to overcome crisis phenomena in the domestic economy”.

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