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IMF confirms mission to return to Kyiv next week

IMF confirms mission to return to Kyiv next week

21 October 2011

IMF Resident Representative in Ukraine Max Alier said the IMF mission would visit Kyiv October 25-November 4 to continue discussions on 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. For more on the IMF’s current view on Ukraine, please see the notes from our conference call with Mr. Alier or contact our sales team for a recording of the entire call.

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