Kyiv to conclude negotiations with IMF on third tranche by end of quarter - Kubiv
Ukraine plans to conclude negotiations with the International Monetary Fund (IMF) on the second revision of the reform program and receive the third tranche of the loan by the end of the second quarter of this year, First Vice Prime Minister of Ukraine Stepan Kubiv has told reporters.
"A meeting of the working group has been held, which was attended by the Ministry of Finance and the Ministry of Economic Development and Trade. The structure of communications [with the IMF] was discussed. There is a certain hour line for the implementation of orders, including the preparation of draft laws, the adoption of bills in the Verkhovna Rada. Apparently, a Skype conference with the IMF will be conducted, and we will get additional principles for forming the positions of the Ministry of Finance, the Economy Ministry and other ministries. Then we all set out this on paper and inform. This will take some time, but we want to do this in the near future. This should be done by May 1. The premier clearly set the task," Kubiv said.
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According to him, the position of Ukrainian authorities will take into consideration the opinion of other creditors of the country, namely the EBRD and the World Bank.
Kubiv stressed that currently Ukraine does not insist on combining several tranches.