: :inin Kyiv (EET)

IMF expects Ukraine to return to int`l capital markets by end of program


Before the end of the four-year program of cooperation with the International Monetary Fund, which was launched in 2015, Ukraine will be able to return to international capital markets and to carry out borrowings there, IMF`s Permanent Representative in Ukraine Jerome Vacher said at a press conference.

According to Vacher, there is an expectation that by the end of the four-year program, which started in 2015, Ukraine will return to the capital market and gain access to that market.

The IMF official also said that this would be an indication that the country had fulfilled the steps within the framework of its policies.

Vacher noted that such a situation was observed in many emerging markets.

As UNIAN reported earlier, the IMF approved the Extended Fund Facility (EFF) program for Ukraine, worth $17.5 billion, in March 2015 for a four-year period. Last year, Ukraine received two tranches of $5 billion and $1.7 billion, respectively. This year, the IMF allocated its third tranche for Ukraine in the amount of $1 billion.

UaPositon

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