: :inin Kyiv (EET)

No money yet: Ukraine issue no longer in IMF calendar


Information about a March 20 meeting of the International Monetary Fund`s Executive Board on a new disbursement to Ukraine is no longer in the calendar, according to calendar data posted on the IMF`s website.

The IMF Executive Board meeting on March 20 will consider Qatar`s 2016 Article IV Consultation.

Then it will address Lucia`s 2016 Article IV Consultation on March 22. Other meetings are devoted to Nauru, Israel, and the Dominican Republic.

There is no information about the change in the calendar. Yet the post says that ”the calendar is subject to change, and that the agenda for each meeting is typically finalized the day before the meeting.”

Olha Germanova, the press secretary of Nina Yuzhanina, the chairperson of the Verkhovna Rada committee for tax and customs policy, confirmed on her blog on Facebook on Sunday, March 19, that an IMF technical mission invited by the Ukrainian Finance Ministry is in Ukraine until the end of the next week.


See also: Poroshenko expects new $1 bln tranche from IMF in March

As was earlier reported, the IMF Executive Board was planned to consider a new disbursement to Ukraine on March 20. Ukraine`s key lender even confirmed that the meeting of its Executive Board on assessment of the economic situation in Ukraine and approval of the third revision of the reform program adopted in March 2015 will be held on March 20.

The approval of the third revision also assumes the adoption of the decision on allocation of the fourth $1 billion loan tranche to Ukraine. If the decision is approved, the funds will be transferred to the accounts of the National Bank of Ukraine (NBU). They are expected to replenish the NBU`s gold and foreign exchange reserves.

Ukrainian Finance Minister Oleksandr Danyliuk announced on March 16 that he expected the arrival of the tranche by the end of the following week.

Ukrainian President Petro Poroshenko also said he expected the fourth disbursement from the IMF under the Extended Fund Facility (EFF) in March.

”I can say for sure now that the IMF Executive Board will meet on March 20. As IMF Managing Director Christine Lagarde promised me, we`ll get $1 billion, and I hope this will happen as early as in March,” he told Ukrainian television channels on March 15.


See also: See also: Ukrainian Tax Service Head detained and suspected of inflicting UAH 2 bln damage to budget including using money on trip to Trump oath

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