Technical mission to Ukraine International monetary Fund (IMF) will arrive in Kyiv on November 9 to discuss the draft state budget of Ukraine for the year 2018. This reports the press service of the Ukrainian representative office of the Foundation, citing a statement by the permanent representative of IMF in Ukraine Yosty of Longman.
“The team comprising a number of IMF experts will visit Kyiv in the period from 9 to November 17 for a technical discussion of the draft budget for the year 2018”, – reads the statement.
Previously, the Fund has put forward four requirements for Ukraine to receive the next tranche. “Conditions for the fourth revision of the programme are the adoption of the law on privatization, which will ensure a transparent sale of state assets, as the requirement was already adopted pension reform. We now evaluate how it fits into the pension system. You must also create an anti-corruption court and the settlement of the question with the price of gas regulation (N187), which was adopted in February by the government,” said Jost, Longman.
He also noted the need for the adoption of land reform.
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.