IMF to continue new-loan talks with Ukraine in coming weeks – media

21:13, 23 November 2019
Economy
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Read alsoIMF hopes Ukraine to boost reform implementation

An IMF mission has been in Ukraine for a week as part of talks between Kyiv and the fund to replace a $3.9 billion stand-by arrangement that expires in January, as reported by Reuters.

"The IMF staff team had constructive and productive discussions with the Ukrainian authorities and commended them on the considerable progress made during the last few months in advancing reforms and continuing with sound economic policies," it said in a statement.

Ukraine wants to secure an IMF deal worth around $5 billion-6 billion over three years to support its economy and signal to investors that the new government of President Volodymyr Zelensky is committed to reform.

"Discussions will continue in the coming weeks," the IMF said.

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