IMF to meet on Ukraine late in August: Finance Ministry

Ukraine`s Finance Ministry said a meeting of the Executive Board of the International Monetary Fund (IMF), which may address a new disbursement to Ukraine, could take place late in August, according to espreso.tv.
”We`ve completed the negotiations, and now it is for the IMF to decide when it`s going to schedule the meeting,” Ukrainian Finance Minister Oleksandr Danyliuk stated on air to espreso.tv on Tuesday evening while answering a question on when Ukraine may get a new IMF tranche.
According to Danyliuk, the meeting cannot take place early in August as the IMF directors are on holiday during the first three weeks of the month.
”We`re looking at the end of August and will work according to that timeframe,” he added.
As UNIAN reported earlier, the IMF`s Executive Board did not include the Ukrainian issue on the agenda of its upcoming meetings scheduled until July 29 (inclusive).
UNIAN memo. The IMF in March 2015 approved the Extended Fund Facility lending program, totaling $17.5 billion, for a four-year period. Ukraine received the first tranche of the program, amounting to $5 billion, on March 13, 2015. The second, worth $1.7 billion, was allocated on August 4, 2015.
Till date, the parties have agreed on all issues with regard to the second review of the reform agenda and discussed various monetary issues, banking, anti-corruption policy, pension reform, and privatization.
However, a memorandum stipulating further obligations of the parties has not been signed yet.

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