Aviation Committee completes probe into Falcon jet crash in Moscow’s Vnukovo airportWorld October 25, 15:04
Turkey, Russia exchange intelligence information on Syria — ministerWorld October 25, 14:38
Kremlin comments on hacker allegations against Putin's aide SurkovRussian Politics & Diplomacy October 25, 14:17
Diplomat says US likely to continue hostile policy towards Russia under new presidentRussian Politics & Diplomacy October 25, 13:58
IOC forwards Russia set of questions on doping control in 2010-2015Sport October 25, 13:48
Russian Strategic Missile Force successfully test-fires RS-18 ICBM at Kamchatka rangeMilitary & Defense October 25, 13:41
Russian diplomat points to difficulties hampering Lausanne-format talksRussian Politics & Diplomacy October 25, 13:33
US presidential campaign does no credit to American colleagues — LavrovRussian Politics & Diplomacy October 25, 13:11
Kremlin wants Western media's unbiased coverage of Russian, Syrian troops' activitiesRussian Politics & Diplomacy October 25, 13:07
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.