Presidential Administration hopes holidays will not prevent agreement with IMF

Wednesday, December 24, 2014 - 17:07 (EET) Section: Latest news

The next macro-financial assistance package from the EU and the next IMF tranche are expected in late January 2015.
Deputy Head of Ukraine’s Presidential Administration Valeriy Chaly said this at a briefing in Kyiv on Wednesday, an Ukrinform correspondent reported.
“There is a political decision regarding IMF and EU assistance. Now, the question is in the timing and volumes. We are constantly negotiating, and the president and the government are dealing with these issues. I will not name the exact dates, but we expect that the IMF mission will work actively in Ukraine, not even waiting for the end of the [Orthodox] Christmas holidays, but will arrive even earlier. We expect that all decisions on macro-financial assistance and on volumes will be taken by late January,” he said.
Chaly said that Ukraine expected not only the third package of financial assistance from the EU and the next IMF tranche, but also financial support from the U.S., Canada, Australia, Japan and other countries.
“The whole package should be sufficient not only to stabilize the situation, but also to give an opportunity for reform,” Chaly assured.