IMF mission to start work in Kyiv on Nov 14

An International Monetary Fund (IMF) mission will start its work in Kyiv on November 14.

"The IMF mission, led by Mr. Ron van Rooden, will start its work in Kyiv this Thursday, November 14, 2019 to continue discussions with the authorities on a new Fund-supported program," IMF Resident Representative in Ukraine Goesta Ljungman said in a statement on Tuesday, November 12.

Read alsoDiscussions on new program for Ukraine ongoing – IMF

UNIAN memo. The IMF's latest staff mission worked in Kyiv on September 12-26. Following its visit, the IMF said the discussion of a new three-year extended fund facility (EFF) for Ukraine would continue in the coming weeks.

Following talks with a Ukrainian delegation to the United States, Director of the European Department at the International Monetary Fund Poul M. Thomsen said the Fund's mission would visit Kyiv again in the following weeks to discuss the new EFF program for Ukraine.

This week, The Wall Street Journal, citing its sources, said that the IMF had postponed financial assistance to Ukraine, as the Fund is concerned whether President Volodymyr Zelensky is able to return billions of dollars siphoned from banks.