Ivanna Vladkova-Hollar becomes new head of IMF mission in Ukraine

"Ivanna Vladkova-Hollar, a citizen of Bulgaria, has been appointed as head of the IMF Mission in Ukraine," he said in a statement.

According to Mr. Ljungman, she has significant experience in developing economies.

Ms. Vladkova-Hollar, in particular, led the Mission in Moldova and the Republic of North Macedonia. In Ukraine, she replaced Mr. Ron van Rooden from May 1, 2020.

As Ukrinform reported, on May 7, IMF Spokesperson Gerry Rice said that negotiations between the IMF and Kyiv were aimed not at securing a three-year Extended Fund Facility (EFF) for Ukraine, but at achieving the conditions for launching a Stand-By Arrangement (SBA), which provides for smaller volumes and will last for 18 months.

In December 2019, the IMF reached an agreement with the Ukrainian leadership on a new $5.5 billion Extended Fund Facility (EFF).

The amount of funding under the new Stand-By Arrangement has not been announced yet.

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