Militants launch shell on exhibition complex near Damascus - televisionWorld August 20, 15:27
Cardinal Parolin: Dialogue of Roman Catholic and Orthodox Churches to help them feel unitySociety & Culture August 20, 8:27
Polina Dibrova, mother of three, wins Mrs. Russia 2017 beauty pageantSociety & Culture August 20, 4:41
Russian emergencies ministry plane returns from firefighting mission in ArmeniaWorld August 20, 4:39
East Ukraine conflict claimed nearly 3,000 civilian lives — ICRCWorld August 20, 1:56
Renowned Russian filmmaker Andrei Konchalovsky turns 80Society & Culture August 20, 0:48
One of seven injured in Surgut stabbing spree in critical condition — authoritiesSociety & Culture August 19, 23:51
Netanyahu expects to meet with Putin in Sochi on August 23 — Israeli premier’s officeRussian Politics & Diplomacy August 19, 22:47
Surgut attacker is identified as a local resident - investigationSociety & Culture August 19, 14:09
KIEV, May 12. /TASS/. A mission of the International Monetary Fund (IMF) commenced work in Ukraine on Tuesday, a representative of Ukraine’s Finance Ministry told TASS.
"The mission’s planned work started today in Ukraine. It will last for around 2-3 weeks, if needed the mission’s work period may be extended," the representative said.
The mission will focus on the first review of anti-crisis program implementation by the Ukrainian authorities. According to the IMF rules, the next credit tranche is impossible unless the review is officially finalized.
Earlier the Ukrainian Finance Minister Natalie Jaresko said a number of reforms should be implemented and necessary regulatory acts should be adopted in the country before the mission arrives.
Kiev planned to reach agreement with international creditors on its debts restructuring before the mission arrived. According to the country’s Prime Minister Arseniy Yatseniuk, the issue was about restructuring around $23 bln worth of debts.
In March this year, Ukraine received the first IMF tranche worth $5 bln within the framework of the 4-year financial aid plan worth a total of $17.5 bln.
The new IMF program is the main component part of the international anti-crisis aid package provided to Ukraine, estimated at around $40 bln in the next 4 years. Within the package, remission of around $15 bln worth of Ukraine’s debts is also stipulated.