NBU: IMF mission completing its work in Kyiv this week

The mission of the International Monetary Fund (IMF), which is currently staying in Ukraine, will complete its work in Kyiv this week.

Acting NBU Governor Yakiv Smoliy stated this at a press briefing on Thursday, May 25, an Ukrinform correspondent reported.

“The IMF mission is completing its work in Ukraine this week. There are many issues in the negotiation process, including pension reform and land reform," Smoliy said.

He stressed that the NBU expects that after the completion of the IMF mission, there will be a meeting of the Board of Directors regarding the next tranche for Ukraine.

As a reminder, Ukraine expects to get $4.5 billion in financial assistance from the International Monetary Fund by the end of the year, and "the program provides additional $3 billion in loan for the next year."

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