The International Monetary Fund has started work in Ukraine to prepare for the revision of the monitoring program.
This was reported by the IMF press service with reference to the statement of the Fund’s permanent representative to Ukraine Vahram Stepanyan.
“The IMF mission headed by Gavin Gray is starting discussions today with representatives of the Ukrainian authorities in order to prepare for the review of the Monitoring Program with the participation of the Board of Directors,” Stepanyan said.
At the end of December, the IMF management approved the Monitoring Program with the involvement of the Fund Council for Ukraine, which will last 4 months and will become a prerequisite for the new IMF financing program.
According to Bloomberg, the IMF can approve a new credit program for three to four years by the end of March. In general, the program will be calculated for 14-16 billion dollars, of which Ukraine can receive 5-7 billion dollars in the first year.
