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IMF starts discussions in Ukraine for next tranche disbursement -Breaking

by Mike Robinson

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© Reuters. FILEPHOTO: This is the International Monetary Fund’s logo outside Washington, U.S. September 4, 2018. REUTERS/Yuri Gripas

KYIV (Reuters – A mission of International Monetary Fund has begun work in Ukraine to review the Fund-supported program, said the lender.

Ukraine believes that continued cooperation with IMF will be able to reassure markets rattled by tensions between Russia and Ukraine. The talks are expected to result in $700million being disbursed under the $5 billion IMF program.

Vahram stepanyan, IMF Resident Representative in Ukraine said that the IMF mission led by Ivanna Vladimirkova Hollar began discussions today with Ukrainian authorities about the second review of Fund-supported programs.

He also stated that virtually all meetings of the mission would be conducted online.

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