Stalin, Lenin busts unveiled at Walk of Rulers in MoscowSociety & Culture September 22, 14:49
Russia’s Sberbank to leave some European countries due to sanctionsBusiness & Economy September 22, 14:19
Kremlin spokesman declines to comment on Tillerson’s criticism of RussiaRussian Politics & Diplomacy September 22, 14:01
First serial-produced nuclear-powered icebreaker Sibir floated out in St. PetersburgMilitary & Defense September 22, 13:51
Russian submarine hits terrorist targets in SyriaMilitary & Defense September 22, 13:41
Russia never placed political ads on Facebook — KremlinRussian Politics & Diplomacy September 22, 13:24
China calls on all parties to abandon provocations and pass on to talks on Korea problemWorld September 22, 13:14
Russia expects South Korea to ensure security at Winter Olympics — KremlinSport September 22, 13:13
Kremlin spokesman says no plans to deploy UN mission to Russian-Ukrainian borderRussian Politics & Diplomacy September 22, 13:04
KIEV, March 5. /TASS/. Ukraine has signed a memorandum of co-operation with the International Monetary Fund (IMF) and expects next tranche in the second half of March, spokesman of the country’s Finance Ministry told TASS.
"I can confirm the signing," he said.
Ukraine’s Finance Minister Alexander Danilyuk wrote on his Facebook account on Saturday that the agreement on next tranche is "the result of implementation of the reform program developed with the IMF by Ukraine and joint efforts of the president, government and the National Bank."
On Sunday, the International Monetary Fund reported reaching a staff-level agreement with Ukraine on the third review of the arrangement under the Extended Fund Facility (EFF). "The IMF staff has reached agreement with the Ukrainian authorities on an updated Memorandum of Economic and Financial Policies. This paves the way for consideration of the third review of the arrangement under the Extended Fund Facility (EFF) by the IMF’s Executive Board, together with the 2016 Article IV consultation, in the second half of March," Mission Chief for Ukraine at the International Monetary Fund, Ron van Rooden, was quoted as saying.
In March 2015, the IMF adopted a four-year loan program for Ukraine worth $17.5 billion. It replaced the previous program of 2014, which was not implemented. Under the new arrangement Kiev received an initial $5 bln tranche, and later $1.7 bln and $1 bln. The latest tranche was granted in September 2016. The program supports the government’s economic program, which aims to put the economy on the path to recovery, restore external sustainability, strengthen public finances, maintain financial stability, and support economic growth by advancing structural and governance reforms. The National Bank of Ukraine (NBU) expects six tranches from the International Monetary Fund and the European Union (EU) totally worth $6 bln this year.