The International Monetary Fund (IMF) has expressed confidence in the progress in negotiations on next bailout tranche for Ukraine under the Extended fFund Facility (EFF) in the coming days, the press service of the National Bank of Ukraine (NBU) reported with reference to a statement by IMF European Department chief Poul Thomsen during a briefing at the annual meeting of the IMF and the World Bank in Washington, DC.
Ukraine is committed to its aid program with the International Monetary Fund and still expects to receive a further tranche of support money this year, Finance Minister Oleksandr Danyliuk told Reuters on Monday.
The land reform, which provides for the launch of the farmland market in Ukraine, is no longer a condition for the country to receive the next tranche from the International Monetary Fund, IMF spokesman William Murray told a Thursday briefing in Washington.
Ukraine’s key creditor, the International Monetary Fund, has not officially confirmed its readiness to exclude land reform from the list of structural beacons in its Extended Fund Facility for Ukraine, a source in the Cabinet of Ministers familiar with the course of negotiations has told UNIAN.
The fifth tranche of Ukraine’s bailout by the International Monetary Fund, this one totaling $1.9 billion, will be allocated for Ukraine no earlier than autumn 2017, Bloomberg reports citing Ukraine’s Prime Minister Volodymyr Groysman.