IMF mission to visit Kyiv again – Ljungman

The date has not been specified.

REUTERS

REUTERS

International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman has announced that an IMF mission will visit Kyiv to discuss policies to accelerate economic growth and ensure stability in Ukraine.

According to the document available to UNIAN, a team of several IMF experts will visit Kyiv to conduct technical discussions on policies aimed at achieving more powerful growth and ensuring stability in the country.

However, the date of arrival of the IMF experts is not specified.

As UNIAN reported earlier, Ukraine authorities and the IMF staff had reached an agreement on policies to underpin a new three-year US$5.5 billion Extended Fund Facility, while the Fund's Executive Board is yet to approve the program.

Read alsoUkraine, IMF have friendly relations – Zelensky

Governor of the National Bank of Ukraine (NBU) Yakiv Smolii said a decision on the new EFF might be approved in the first quarter of 2020.

Speaking about preconditions for concluding an agreement on the new program, the chief banker recalled the need to adopt laws preventing courts from returning insolvent banks to former owners and the launch of farmland trade.

In the framework of the 56th Munich Security Conference, President of Ukraine Volodymyr Zelensky had a meeting with Managing Director of the International Monetary Fund Kristalina Georgieva last week.

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