IMF publishes memorandum of cooperation with Ukraine03.10.2016 20:00 1381
The International Monetary Fund has published a memorandum of cooperation with Ukraine.
The document is available on the IMF website.
The memorandum includes a Letter of Intent of the government of Ukraine, which describes the policies that Ukraine intends to implement in the context of its request for financial support from the IMF. The document was signed by President of Ukraine Petro Poroshenko, Prime Minister Volodymyr Groysman, Head of the NBU Valeria Gontareva and Finance Minister Oleksandr Danylyuk.
The text of the memorandum stipulates that Ukraine is committed to raise the retirement age and allow the sale of land by November, as well as to complete the verification of recipients of pensions and social payments by the end of December of this year.
As knows, in September, the IMF Executive Board adopted a positive decision to extend the program of cooperation with Ukraine and to allocate the financial assistance to the country.