IMF deputy chief to visit Ukraine

First Deputy Managing Director of the International Monetary Fund (IMF) David Lipton will pay an official visit to Ukraine on September 12-14, the press service of the IMF in Washington told UNIAN.

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At the same time, the press service has not commented on the arrival of the next mission of the Fund, which, according to sources in the government, will start its work in Kyiv on September 12.

As UNIAN reported earlier, the IMF in March 2015 approved a four-year Extended Fund Facility for Ukraine worth $17.5 billion.

Read alsoTime to pay dues: Ukraine transfers $450 mln to IMFAs part of the program, the country has already received four loan tranches from the Fund totaling $8.7 billion.

Following the third revision of the EFF, the International Monetary Fund called on the Ukrainian authorities to accelerate structural reforms, starting with privatization and farmland market development, in order to achieve faster and more sustainable growth, and noted the lack of concrete results in the fight against corruption.

Read alsoEconomy Ministry names Ukraine’s major donorsIn addition, according to the IMF, Ukraine cannot further postpone the implementation of large-scale pension reform, including raising the effective retirement age.

Ukraine expects to receive in the current year two more tranches from the IMF totaling $3 billion.

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