The major outcome of the meeting in Davos is that Ukraine is beginning to be perceived as an active negotiator.
The National Bank of Ukraine expects to receive the next tranche of the International Monetary Fund loan in the second quarter of 2018, acting NBU Governor Yakov Smolii told reporters Thursday.
Ukraine will lose the opportunity to receive a EUR 600 million tranche of macro-financial assistance from the European Union if in the near future if the authorities fail to fulfill a number of requirements, head of the EU Delegation to Ukraine Hugues Mingarelli told Europeiska Pravda.
Senior Economist of the International Institute of Finance (IIF) Ondrej Schneider is skeptical about Ukraine's chances of getting another IMF tranche this year, according to Voice of America.
The International Monetary Fund (IMF) continues examining the pension reform adopted by Ukraine's parliament to check if it complies with the benchmarks of the IMF's Extended Fund Facility (EFF) program, according to IMF Resident Representative in Ukraine Goesta Ljungman.
The International Monetary Fund is still evaluating recent Ukrainian pension legislation to see if the bill meets the targets of the $17.5 billion IMF program, the Fund’s Ukraine representative Goesta Ljungman said on Friday, according to Reuters.
Fitch expects the next program tranche (possibly USD1.9 billion) for Ukraine next year after the approval of the 2018 budget and an agreement between the IMF and the government regarding changes to the formula to adjust household heating tariffs, Fitch Ratings said in a press release.
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.
Ukrainian Finance Minister Oleksandr Danyliuk believes that Kyiv may receive another loan tranche from the International Monetary Fund by the end of 2017, according to RFE/RL's Ukrainian service.
Prime Minister Volodymyr Groysman said on Friday he was sure the International Monetary Fund will issue the next tranche of its loan to Ukraine, Reuters reported.
The adoption by Ukraine of pension reform, which is in line with the objectives of the country’s cooperation program with the International Monetary Fund, including the pension fund deficit cut, is critical for the successful completion of the fourth review of the Extended Fund Facility and the allocation of the fifth loan tranche for Ukraine, IMF spokesman William Murray told a traditional Thursday briefing in Washington.
Ukraine's key lender, the International Monetary Fund (IMF), may consider the allocation of the next tranche to Ukraine in the summer or early autumn, Ukraine's Finance Minister Oleksandr Danyliuk said at a press conference in Kyiv.
Ukraine's key lender, the International Monetary Fund (IMF), could extend three more disbursements to the country under the Extended Fund Facility (EFF) this year to the tune of US$4.4 billion if the Ukrainian government delivers reforms on time, according to an IMF spokesman.
The National Bank of Ukraine (NBU) expects that Ukraine will receive three more disbursements from the IMF to the tune of some US$4.5 billion by the end of the year.
The International Monetary Fund, Ukraine's key lender, decided on a new $1 billion disbursement for Ukraine after IMF experts had additionally analyzed a possible impact of a blockade of trade with Donbas on Ukraine's economy and updated macroeconomic forecasts, taking into consideration the estimates provided by the National Bank of Ukraine (NBU) and Ukraine's Finance Ministry, according to the NBU.