REUTERS
On May 23, the IMF said it was ready to resume negotiations on further cooperation with Ukraine after the snap parliamentary election and the formation of a new government.
The National Bank of Ukraine (NBU) will revise the forecast of the level of international reserves for the end of the year, taking into account the risks of failing to receive financing from the International Monetary Fund and other official creditors this year.
"An updated macroeconomic forecast will come out in July as we are calculating indicators. But we already envisage that the forecasts that were out there in April of this year will be partially revised," NBU Governor Yakiv Smolii said Thursday, without naming specific indicators.
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As UNIAN reported earlier, the IMF mission was on a visit to Ukraine to assess the fulfillment of conditions for disbursing another $1.3 billion under the current Stand-By Arrangement (SBA), and to consider the issue of ensuring criminal liability for illegal enrichment introduced within the previous program. The norm was canceled by the Constitutional Court of Ukraine in February 2019.
On May 23, 2019, the IMF said it was ready to resume negotiations on further cooperation with Ukraine after the snap parliamentary election and the formation of a new government.
According to Chairman of the Council of the National Bank of Ukraine Bohdan Danylyshyn, Ukraine may claim to sign a new program with the IMF no earlier than late September - early October.