Ukraine finance minister says no agreement yet with IMF on anti-corruption court

The official has stressed the work with the IMF is ongoing.

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Minister of Finance of Ukraine Oleksandr Danyliuk says the February 12-16 visit of the IMF technical mission to Kyiv was generally fruitful, but no final agreement has been reached yet on the creation of an anti-corruption court and energy reform.

"I believe that mission's visit was fruitful," the minister told a Ukrainian TV channel on February 21, commenting on the visit of the IMF expert group to Kyiv.

According to him, members of the IMF technical mission discussed several issues with representatives of the Ukrainian government.

Read alsoIMF issues recommendations to Ukraine to ensure continued cooperation"We have advanced on certain issues quite actively. There is some progress, for example, on the issues of an anti-corruption court and energy reform. But a final agreement has not been reached yet," Danyliuk added.

At the same time, he has stressed that the joint work with the IMF is ongoing. The minister expressed hope that it will continue in the future. To this end, the government, in cooperation with Ukraine's parliament, will take a number of decisions, essential primarily for Ukraine.

"I hope that we will continue following the path of reform, while our colleagues will support us," the official said.

UNIAN memo. In March 2015, the IMF approved a four-year EFF loan program for Ukraine under which $17.5 billion will be disbursed. Ukraine has already received four disbursements from the Fund to the tune of $8.7 billion. The program expires in March 2019.

On January 26, Ukrainian President Petro Poroshenko announced that the country had fulfilled 80% of the IMF requirements, stressing he expected to receive the fifth disbursement in April 2018.

At the same time, the IMF, following the results of its representatives visit to Ukraine on February 12-16, called for an urgent consideration of the bill on the anti-corruption court, as well as fulfillment of obligations in the energy and fiscal sectors.

The National Bank of Ukraine expects that Ukraine will be able to borrow up to $2 billion in IMF funds in 2018.

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