: :inin Kyiv (EET)

IMF mission to extend its work to February 11

The International Monetary Fund (IMF) mission arrived in Ukraine on January 9 and will continue its work until February 11.

Deputy Head of the Presidential Administration Dmytro Shymkiv said at a briefing in Kyiv on Tuesday that this happens because of discussions about reforms in the energy, financial, social and other sectors:

“The new program is designed for four years. Since the negotiations are quite hard and [are carried out] almost 24 hours a day, the mission has extended its work until February 11.”

Gerry Rice, the Director of the IMF’s Communications Department, said in his Press Briefing on February 5:

“When we go into programs, and this applies to Ukraine as well as others, we’re looking for a number of things. We are looking at the country situation and the specific need, the financing need, and the policy requirement,” stated Gerry Rice

“We always want our financing to be a catalyst to help bring to the country financing from other sources, official, non-official, it’s in that way that the financing package comes together. So how is that playing out in Ukraine? We have a mission right there right now, which will finish their work soon,” added he.

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