NBU expects to receive IMF’s tranche by year-end – Smoliy

NBU expects to receive IMF’s tranche by year-end – Smoliy

The National Bank of Ukraine expects a positive decision from the International Monetary Fund regarding the next tranche by the end of the year.

NBU Chairman Yakiv Smoliy said this at a briefing, an Ukrinform correspondent reported.

"I will have a meeting with the IMF. We expect that the negotiations will be successful and that we will reach a consensus on obtaining the next tranche by the end of the year," Smoliy said.

Today, September 6, the mission of the International Monetary Fund (IMF) led by Ron Van Rooden started working in Ukraine. The Finance Ministry intends to discuss with the IMF mission the continuation of cooperation after the Extended Fund Facility (EFF) program expires in March 2019.

The IMF mission will work in Ukraine until September 19.

Ukraine expects to receive another tranche worth $2 billion from the Fund.


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