REUTERS
The new program should be signed before year-end, Honcharuk believes.
The Ukrainian delegation will travel to the United States of America to continue negotiations with the International Monetary Fund regarding a new loan program, says Prime Minister of Ukraine Oleksiy Honcharuk.
In a video address, he said plenty of manipulation has been ongoing around the IMF talks in mass media lately.
"Our group of ministers, together with representatives of the National Bank, will travel to the United States of America to continue negotiations with the International Monetary Fund regarding a program that, according to our estimates, should begin this year," Honcharuk said.
Read alsoUkraine's economy minister denies rumors of stall in IMF talks
According to the prime minister, it is expected that the new three-year program will become the basis for continued cooperation with all international partners.
"This is not about money. It is primarily about trust in Ukraine and the Ukrainian authorities, about our ability as a country to fulfill our obligations before all international partners. This is the basis of a normal investment climate and macroeconomic stability," Honcharuk added.
UNIAN memo. The IMF's review mission worked in Kyiv on Sept 12-26. Following the visit, the IMF said that discussion of a new three-year extended fund facility for Ukraine will continue in the coming weeks.
The National Bank of Ukraine estimated the potential volume of the new program at $5-10 billion and predicted the receipt of the first two billion by the end of the year.
According to experts polled by UNIAN, Ukraine will ask the IMF for a new EFF program of about $10 billion for a period of two to four years.