: :inin Kyiv (EET)

Ukraine to sign IMF memo ”within few days” – Finance Minister

Ukrainian Finance Minister Oleksandr Danyliuk has told ZN.ua that the signing of the memorandum with the IMF is a matter of several days.

”We have not signed the memorandum, but we are very close to that. I think that everything will be decided in the coming days – today or tomorrow. And I hope that this issue will not be delayed. But at the moment, the memorandum is not signed, there was disinformation, but it was not critical, as a respected news agency (Reuters) erred [regarding the date] for only a couple of days,” he said in an interview with ZN.ua.

Danyliuk also refuted allegations that the issue of the IMF granting another loan tranche for Ukraine had been frozen or postponed.

”As for the absence of the Ukrainian issue on the [IMF meetings`] agenda and constant ”chatter” in this regard, it is important to understand the procedures. First, there comes the signing of the memorandum, and then there is a meeting of the Board of Directors within at least two weeks. In fact, the schedule is made for two weeks. And of course, if the memorandum is not signed, then there is no date of the meeting on Ukraine in the schedule,” Danyliuk said.

Finance Minister recalled that, as a rule, the tranche was allocated within a few days following the meeting of the Board of Directors. All money from the tranche, like in previous cases, will be directed to the foreign exchange reserves of the National Bank of Ukraine.


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