Stock Groups

IMF staff, Ukraine reach deal that could pave way for $700 million disbursement By Reuters

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The International Monetary Fund logo can be seen at the Washington headquarters, U.S.A, on September 4, 2018. REUTERS/Yuri Gripas

WASHINGTON, (Reuters) – The International Monetary Fund and Ukrainian officials have agreed on economic reforms. This will allow for a review of Ukraine’s stand-by agreement of 18 months and a request to extend the extension until June 2022.

The first review would allow disbursements in the range of $700 million, according to it.

Approval by the IMF Management and Executive Board is required for the program extension request and agreement. The matter will be discussed in November.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]