Latest News

IMF starts discussions in Ukraine for next tranche disbursement

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S. September 4, 2018. REUTERS/Yuri Gripas

KYIV (Reuters) – The mission of the International Monetary Fund is starting its work in Ukraine for the second review of the Fund-supported programme, the global lender said on Wednesday.

Ukraine hopes that the continuation of cooperation with the IMF can reassure markets that have been rattled by tensions with Russia and that the talks will result in disbursement of $700 million under its $5 billion IMF programme.

“The IMF mission, led by Ivanna Vladkova Hollar, starts discussions today with the authorities on the second review of the Fund-supported program,” Vahram Stepanyan, the IMF Resident Representative in Ukraine, said in a statement.

He added, that the mission will be conducting its meetings virtually.

IMF starts discussions in Ukraine for next tranche disbursement

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

What's your reaction?

In Love
Not Sure

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News