The Ministry of Finance of Ukraine hopes that the international monetary Fund (IMF) in 2018 will provide Ukraine at least two tranches of macro-financial assistance. This was announced by Finance Minister Alexander danyluk today, December 19.
“The national Bank sees two tranches next year, I think there will be more. (The Memorandum with the IMF – ed.), not all requirements are met. In particular, no established anti-corruption court. The money goes to the reserve Bank, and this reinforcement of the national currency. If our currency weakens, it affects the performance of the budget”, – said danyluk.
Earlier it was reported that the fourth review under the IMF program in Ukraine to focus on implementation of five main activities.
Read also: IMF identified five steps to the next tranche for Ukraine
The next installment from the IMF might arrive in Ukraine in the second quarter of 2018.
In March 2015, Ukraine and the IMF signed a Memorandum of economic and financial policies which the country should undertake in the framework of the EFF. The entire program provided Ukraine about $17 billion, of which already allocated $7.7 billion.