REUTERS
The IMF mission, led by Ron van Rooden, visited Kyiv during May 21-29, to discuss recent developments and economic policies.
The mission of the International Monetary Fund (IMF), Ukraine's key lender, will return to Kyiv to continue discussions with the Ukrainian authorities after the forthcoming parliamentary elections as soon as a new government has clarified its policy intentions.
"The IMF staff team has had very productive discussions with the Ukrainian authorities, including with President Zelenskyi, on the review of Ukraine's Stand-By Arrangement with the IMF. The team has found that fiscal and monetary policies remain on track, and it stands ready to return to Kyiv to continue discussions after the forthcoming parliamentary elections as soon as a new government has clarified its policy intentions," IMF mission Head Ron van Rooden said in a statement on May 30, available to UNIAN.
Read alsoUkraine continues cooperation with IMF – President Zelensky
It is noted that End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's Executive Board. This mission will not result in a Board discussion.
The IMF mission, led by Ron van Rooden, visited Kyiv during May 21-29, to discuss recent developments and economic policies.
As UNIAN reported earlier, the IMF mission was working in Ukraine in order to assess the fulfillment of the conditions for disbursing another $1.3 billion under the current Stand-By Arrangement (SBA) and to consider the issue to ensure criminal liability for illegal enrichment introduced within the previous program, but canceled by the Constitutional Court of Ukraine in February 2019.
Volodymyr Zelensky officially became President of Ukraine on May 20, 2019. During his swearing-in speech, he announced the dissolution of the Verkhovna Rada, Ukraine's parliament, and called on the Ukrainian government to resign.
On the same day, Ukrainian Prime Minister Volodymyr Groysman stated he would resign after a Cabinet meeting on May 22. He said he would "form a professional team together with like-minded people" in parliament. At a Cabinet meeting on May 22, Groysman confirmed he was going to resign. On May 23, his letter of resignation was registered in parliament.
However, on May 30, the Verkhovna Rada did not back draft resolution No. 10341 on the resignation of Groysman.
Following the meeting with IMF representatives in Kyiv, President Zelensky said Ukraine would continue cooperation with the International Monetary Fund, remaining a reliable partner that is fulfilling its obligations.