IMF names conditions for next tranche for Ukraine

IMF names conditions for next tranche for Ukraine

Ukraine should adopt a law on privatization and demonstrate the high-quality implementation of the previously adopted pension reform to receive the next tranche from the International Monetary Fund (IMF).

This was stated by IMF Resident Representative in Ukraine Goesta Ljungman, Reuters reports.

"We are now in a process of evaluating the reform," Ljungman said.

The IMF said that it was still evaluating recent Ukrainian pension legislation to see if the bill meets the targets of the $17.5 billion program.

According to Ljungman, sustainable pension reform, privatization legislation, and a previously agreed domestic gas price adjustment are the goals Ukraine must meet to qualify for a long-delayed next tranche of loans from the program.


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