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IMF mission to return to Ukraine on October 24

IMF mission to return to Ukraine on October 24

12 October 2011

Prime Minister Mykola Azarov said yesterday that he expected the next mission from the International Monetary Fund to return to Ukraine on October 24 to discuss restarting Ukraine’s stand-by Arrangement for SDR 10 bln (about USD 15.6 bln). The IMF approved its last tranche under the program in December 2010, which brought total disbursements to SDR 2.25 bln (USD 3.51 bln). The next scheduled tranche was to have been disbursed in March 2011, with the entire amount being directed to the central bank.

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