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ECONOMY
- Ukraine
The National Bank expects an IMF mission in September-UKRINFORM.UA

(Read the full article on UKRINFORM.UA)

The National Bank expects a mission from the International Monetary Fund in September.

According to a Ukrinform correspondent, this was announced at a briefing by the chairman of the National Bank Kyrylo Shevchenko.

“We hope for an IMF mission in September,” Shevchenko said.

According to him, according to the plan, the second tranche should amount to SDR 500 million (special drawing rights – ed.), Which is approximately $ 700 million.

The head of the NBU noted that this amount may be higher.

As reported, Finance Minister Serhiy Marchenko suggested that the 18-month stand-by program with the International Monetary Fund could be extended for six months.

On June 9, 2020, the IMF approved a new 18-month stand-by program for Ukraine worth about $ 5 billion with the immediate allocation of $ 2.1 billion of the first tranche.

 

Sep 10, 2021

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